Pappy66

Business | Music | Outdoor Life | Labradors | XRP

If you get confused, listen to the music play.

[Pappy66 @FlyFishBry92]

Fall is upon us. Getting ready for Winter activities! Loving life!

[Pappy66 @FlyFishBry92]

Congratulations to the Carolina Hurricanes!! Lord Stanley is yours!

[Pappy66 @FlyFishBry92]

@WolfgangRichtEU From TDS to MDS .. morons

[Pappy66 @FlyFishBry92]

@SenWarren YOU ARE A MORON

[Pappy66 @FlyFishBry92]

@MarioNawfal MORE SURVEILLANCE AND CONTROL

[Pappy66 @FlyFishBry92]

@dom_kwok In comparison, 70% of lottery winners go broke in three years. I didn't read the news clip, but im sure spending was a theme.

[Pappy66 @FlyFishBry92]

@TulsiGabbard @ODNIgov Huge blow to advancing the administration's agenda but certainly understandable.

All the best.

[Pappy66 @FlyFishBry92]

@GovMikeDeWine We want our money back .. thieves all of you!

[Pappy66 @FlyFishBry92]

Here's the reality..

The **CLARITY Act** cleared the Senate Banking Committee on **May 14, 2026**, with a **15-9 vote**, and now faces several legislative hurdles before becoming law. The White House targets **July 4, 2026**, for presidential signing, though the timeline is tight.

Key Steps to Full Passage

1. **Senate Reconciliation**: The Banking Committee’s version must merge with the parallel **Senate Agriculture Committee** bill (Digital Commodity Intermediaries Act) into a single unified text, a process expected to take days to weeks.
2. **Full Senate Vote**: The merged bill requires **60 votes** to overcome a filibuster. All **53 Republicans** support it, but the bill needs **seven Democratic votes** to pass, a threshold currently at risk due to unresolved **ethics provisions** regarding conflicts of interest for government officials.
3. **House Reconciliation**: The Senate bill must align with the **House-passed CLARITY Act** (passed July 17, 2025, by a 294-134 bipartisan vote). Any significant changes in the Senate may require a new House vote.
4. **Presidential Signature**: The final bill must be signed by the President to become law.

Critical Unresolved Issues

* **Ethics Provisions**: A failed **Van Hollen amendment** (11-13) sought to bar senior officials from holding crypto business interests. Democrats have indicated they will not support the floor vote without these ethics rules, which Republicans argue are outside the bill's jurisdiction but may be added as amendments on the floor.
* **Stablecoin Yield**: The **Tillis-Alsobrooks compromise** is in place, banning passive yield on stablecoin holdings but allowing transaction-based rewards, a key concession that helped secure the committee vote.
* **Timeline Risks**: The Senate has limited floor time in June and July due to other legislative priorities (e.g., Iran authorization, DHS funding). If the bill misses the July 4 target, passage could be delayed until **2027**.

Post-Passage Enforcement

Even if passed, **agency rulemaking** by the SEC, CFTC, and Treasury will take **6 to 18 months**, with full compliance deadlines likely not arriving until **2027 or 2028**.

[Pappy66 @FlyFishBry92]

NOTE: The CLARITY Act has not become law ..

The **CLARITY Act** cleared the Senate Banking Committee on **May 14, 2026**, with a **15-9 vote**, and now faces several legislative hurdles before becoming law. The White House targets **July 4, 2026**, for presidential signing, though the timeline is tight.

Key Steps to Full Passage

1. **Senate Reconciliation**: The Banking Committee’s version must merge with the parallel **Senate Agriculture Committee** bill (Digital Commodity Intermediaries Act) into a single unified text, a process expected to take days to weeks.
2. **Full Senate Vote**: The merged bill requires **60 votes** to overcome a filibuster. All **53 Republicans** support it, but the bill needs **seven Democratic votes** to pass, a threshold currently at risk due to unresolved **ethics provisions** regarding conflicts of interest for government officials.
3. **House Reconciliation**: The Senate bill must align with the **House-passed CLARITY Act** (passed July 17, 2025, by a 294-134 bipartisan vote). Any significant changes in the Senate may require a new House vote.
4. **Presidential Signature**: The final bill must be signed by the President to become law.

Critical Unresolved Issues

* **Ethics Provisions**: A failed **Van Hollen amendment** (11-13) sought to bar senior officials from holding crypto business interests. Democrats have indicated they will not support the floor vote without these ethics rules, which Republicans argue are outside the bill's jurisdiction but may be added as amendments on the floor.
* **Stablecoin Yield**: The **Tillis-Alsobrooks compromise** is in place, banning passive yield on stablecoin holdings but allowing transaction-based rewards, a key concession that helped secure the committee vote.
* **Timeline Risks**: The Senate has limited floor time in June and July due to other legislative priorities (e.g., Iran authorization, DHS funding). If the bill misses the July 4 target, passage could be delayed until **2027**.

Post-Passage Enforcement

Even if passed, **agency rulemaking** by the SEC, CFTC, and Treasury will take **6 to 18 months**, with full compliance deadlines likely not arriving until **2027 or 2028**.

[Pappy66 @FlyFishBry92]

The **CLARITY Act** cleared the Senate Banking Committee on **May 14, 2026**, with a **15-9 vote**, and now faces several legislative hurdles before becoming law. The White House targets **July 4, 2026**, for presidential signing, though the timeline is tight.

Key Steps to Full Passage

1. **Senate Reconciliation**: The Banking Committee’s version must merge with the parallel **Senate Agriculture Committee** bill (Digital Commodity Intermediaries Act) into a single unified text, a process expected to take days to weeks.
2. **Full Senate Vote**: The merged bill requires **60 votes** to overcome a filibuster. All **53 Republicans** support it, but the bill needs **seven Democratic votes** to pass, a threshold currently at risk due to unresolved **ethics provisions** regarding conflicts of interest for government officials.
3. **House Reconciliation**: The Senate bill must align with the **House-passed CLARITY Act** (passed July 17, 2025, by a 294-134 bipartisan vote). Any significant changes in the Senate may require a new House vote.
4. **Presidential Signature**: The final bill must be signed by the President to become law.

Critical Unresolved Issues

* **Ethics Provisions**: A failed **Van Hollen amendment** (11-13) sought to bar senior officials from holding crypto business interests. Democrats have indicated they will not support the floor vote without these ethics rules, which Republicans argue are outside the bill's jurisdiction but may be added as amendments on the floor.
* **Stablecoin Yield**: The **Tillis-Alsobrooks compromise** is in place, banning passive yield on stablecoin holdings but allowing transaction-based rewards, a key concession that helped secure the committee vote.
* **Timeline Risks**: The Senate has limited floor time in June and July due to other legislative priorities (e.g., Iran authorization, DHS funding). If the bill misses the July 4 target, passage could be delayed until **2027**.

Post-Passage Enforcement

Even if passed, **agency rulemaking** by the SEC, CFTC, and Treasury will take **6 to 18 months**, with full compliance deadlines likely not arriving until **2027 or 2028**.

[Pappy66 @FlyFishBry92]

@JoelKatz THEY simply want CONTROL

[Pappy66 @FlyFishBry92]

@JackPosobiec Should I? Should I?

How juvenile

[Pappy66 @FlyFishBry92]

@amtvmedia GT3 brother

[Pappy66 @FlyFishBry92]

@dbongino You've lost your way

[Pappy66 @FlyFishBry92]

@Chesschick01 Wahoo gear filled Progressive Field opening day following name change. We know.

[Pappy66 @FlyFishBry92]

@LauraLoomer @RealAlexJones F U Loomer! Epitome of the C word.

[Pappy66 @FlyFishBry92]

Definition of a Mossad Agent:

A Mossad agent is a member of Israel's national intelligence agency, responsible for espionage, covert operations, and counterterrorism outside of Israel. They often work undercover to gather intelligence and conduct missions that protect Israeli interests globally.

[Pappy66 @FlyFishBry92]

@JoelKatz @Vet_X0 Oh that cocktail looks refreshing

[Pappy66 @FlyFishBry92]

@TiffanyFong Tree in backyard

[Pappy66 @FlyFishBry92]

@RealAlexJones Alien features. What's really beneath the skin.