PANews|Nov 07, 2025 12:55
[U.S. Senate Bill Draft Still Pending Review, Deliberations May Be Delayed Until December]
According to Crypto In America, in order to restore government operations before the Senate recess next week, the Senate may hold additional meetings over the weekend to push forward efforts. The sooner the government resumes operations, the sooner the Senate Banking Committee and Agriculture Committee can schedule revision dates for their respective market structure bills, provided they receive the bill texts. Relevant personnel have been working tirelessly this week to resolve key issues, but the timeline for the draft's release remains unclear.
David Sacks, the White House's head of cryptocurrency and artificial intelligence affairs, expressed optimism after speaking with the two primary drafters of the bill on Wednesday, stating that he is encouraged by the progress and looks forward to seeing a bipartisan draft soon. When the Agriculture Committee's bill text is released, it may include brackets indicating areas still under bipartisan negotiation. Senators had initially hoped to complete revisions before Thanksgiving, but this now seems unlikely.
If a government restart agreement can be reached this weekend, there will only be one week left for meetings before the holiday, making December a more likely timeframe for revisions. However, Congress is unpredictable, and everything remains uncertain.
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