200+ Crypto Firms Lobby for Clarity Act as Stocks Surge Amid Stalled Bill

Over 200 crypto firms delivered a coordinated push for the Clarity Act on June 8 as Coinbase, MARA and Circle shares rebounded sharply. The bill cleared the Senate Banking Committee 15-9 on May 14 but has remained stalled through congressional recess until June 28, with Sen. Lummis warning of possible 2030 delays. Crypto PACs have poured more than $500 million into 2026 midterms, heavily skewed Republican, while Trump pledged on May 27 to 'never let crypto down' and experts forecast institutional inflows to unfold gradually over 6-18 months rather than triggering any near-term price surge.