Clarity Concessions Improve Cloture Odds, Fed Hawkishness Leaves Room for a Dovish Surprise, STRC Nears Par

There was a meaningful development on the Clarity Act yesterday evening. Republicans released a draft that materially expands the prior ethics provisions, including broader restrictions on executive branch and congressional officials benefiting financially from digital assets. More importantly, the draft would allow state attorneys general to enforce those prohibitions, addressing one of the more significant Democr...

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