In today’s briefing:
- SEC Fills CLARITY Vacuum
SEC Fills CLARITY Vacuum
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Bitcoin closed at $81,169 (CoinGecko, Sep 20 close), up nearly 5.7% w/w after both twin catalysts landed.
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CLARITY Act failed cloture 49-50 on Sep 15. Four Republicans defected. Effectively dead for 2026.
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Fed hiked 25bp to 3.75-4.00% on Sep 16 in a unanimous 12-0 vote. First hike since July 2023. Dot plot shows 16 of 18 expect another hike this year.
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