XRP
US House Calendar Shift Delays Legislative Timeline for the CLARITY Act
A shortened congressional schedule reduces the likelihood of the crypto regulatory bill passing before the November midterm elections.
The price of XRP stood at $1.41 on September 6, remaining flat over the week and up 35% across the preceding 30 days. This recent rebound occurred alongside expectations that the CLARITY Act could be enacted ahead of the November midterms. However, House leadership removed two weeks from the September working schedule, significantly narrowing the legislative window.
Senate Majority Leader John Thune set a September 15 vote to determine whether the Senate will formally take up the measure, a procedure requiring 60 votes to initiate debate. While the Senate Banking Committee approved the legislation with a 15–9 vote in May 2026, the Senate version includes modifications not present in the original H.R. 3633 bill passed by the House in July 2025. Consequently, any Senate-approved text must return to the House for another vote.
The House is scheduled to reconvene on September 14 for four voting days before adjourning on September 17 until November 9, following the midterm elections. On Polymarket, trader-estimated odds of the legislation being signed into law within 2026 fell from 90% in February to 18% by September 6. Despite the monthly climb from $1.03, XRP remains down 24% from $1.84 at the start of the year and down 50% from $2.79 over a twelve-month period.
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