The RFIA Bill Faces Political and Timing Headwinds

[madtrader]

The Responsible Financial Innovation Act (RFIA), which previously passed the House as the CLARITY Act, has been under Senate consideration since July. Debate has stalled at times due to disagreements over decentralized finance, regulatory authority, and now ethics rules — as well as external disruptions like last year’s prolonged government shutdown.

Drafts from the Senate Banking and Agriculture Committees suggest the bill would expand oversight powers for the Commodity Futures Trading Commission. However, analysts warn that the approaching 2026 midterm elections could sap momentum, particularly if Democrats remain divided over unresolved conflict-of-interest language.

[bonk]

giving the cftc more power is fine but if lawmakers can still bag crypto gains on the side it’s kinda pointless