The Subcommittee on Digital Assets, Fintech, and Artificial Intelligence of the House Financial Services Committee will hold a field hearing on the CLARITY Act in New York on July 17. The hearing itself will not lead to a vote on the bill, but it will garner more support for legislative mobilization before Congress adjourns in August.
The hearing is scheduled for July 17.
The theme of this hearing is "Building the Future of Finance: How the CLARITY Act Can Unleash Innovation." According to the disclosed schedule, lawmakers will hear from representatives of the crypto and financial industries to further promote the bill.
- Ryan Louvar, Chief Legal Officer of WisdomTree
- Sarah Aberg, Chief Legal Officer of Nova Labs
- Randi Abernethy, Head of Liquidation and Group Risk at Bullish
WisdomTree is expected to testify regarding the compliant expansion of tokenized assets in the US market.
The bill remains stuck on three points of contention.
The report indicates that the CLARITY Act has already passed multiple stages of the process. It was passed by the House of Representatives in 2025 and approved by the Senate Banking Committee in May 2026 by a vote of 15 to 9.
However, the bill has not yet gone to a final vote, mainly because the three provisions have not yet reached a consensus.
- Restricting government officials from holding or trading crypto assets during their term of office
- Should open-source developers be held responsible for the misuse of their code?
- Can stablecoins automatically pay interest or yield upon holding?
Continue to garner support before the August recess.
Because the aforementioned disagreements remain unresolved, the Senate is unlikely to schedule a final vote in the near future. This hearing is therefore seen as a key public move by the House of Representatives to continue pushing the bill forward before Congress adjourns on August 7.
Judging from the agenda, this hearing is more like a platform for concentrated presentations and pressure than a voting process. Its main purpose is to gather industry opinions, expand public discussion, and create political space for subsequent legislative negotiations.
