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Eleven votes short of cloture, the CLARITY Act sends classification back to agency rulemaking
The Senate's 49-50 procedural vote left the securities-versus-commodities test where it already was, with the SEC and CFTC free to keep writing rules under existing powers and those rules open to court challenge.
Reality
- Evidence60
- Adoption10
- Hype gap+12
- Incentives76
- Confidence58