Senate Democrats Renew CLARITY Act Talks on Feb. 26 as March 1 Deadline Nears

On February 26, Senate Democrats held a closed-door session to revisit the CLARITY Act ahead of a March 1 deadline set by the White House. The draft would split oversight between the SEC and CFTC, while rules on stablecoin yields remain the chief sticking point. a16z escalated GOP outreach and pledged $50 million to a new $100 million super PAC.