The CLARITY Act, a significant piece of legislation aimed at providing regulatory clarity for digital assets, has been omitted from the Senate Banking Committee's schedule for the week of April 20. Senate Banking Chair Tim Scott has not announced a markup date for the bill, despite expectations for a committee vote this month. The absence of the CLARITY Act from the schedule raises concerns about its future, as Senator Cynthia Lummis warns that failure to advance the bill by May could delay its consideration until 2030. Senator Thom Tillis is set to release the final compromise on stablecoin yield this week, addressing one of the three unresolved issues cited by Scott. The proposed framework prohibits passive yield on stablecoin balances but allows activity-based rewards. However, banks have expressed opposition to the draft, and Tillis remains open to further changes. With only 18 working weeks left before the October midterm recess, the bill faces a tight timeline to secure a 60-vote Senate floor threshold and reconciliation with other legislative versions. Senator Bernie Moreno has highlighted the urgency, stating that missing the May deadline would effectively shelve the legislation for the rest of 2026. Polymarket's odds of the CLARITY Act passing in 2026 have dropped to 58%, reflecting growing uncertainty about its legislative future.