The U.S. Senate's review of a draft bill concerning market structure is likely to be postponed until December, as the Senate may hold an additional meeting this weekend to expedite a government restart. This urgency comes as the Senate Banking and Agriculture Committees await the bill texts to schedule revision dates. Despite ongoing efforts to resolve key issues, the release date for the draft bills remains uncertain.
David Sacks, the White House's director for cryptocurrency and artificial intelligence, expressed optimism after discussions with the bill's main drafters, anticipating bipartisan drafts soon. However, with the Senate's original goal to complete revisions before Thanksgiving now unlikely, the focus shifts to December, contingent on a government restart agreement this weekend.
U.S. Senate Draft Bill Review May Be Delayed Until December
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