So we're going to use the Clarity act is the base bill. Then we'll take the House bill, since there are at least two committees of jurisdiction that the Senate has to honor. We're going to do the securities work in the Banking Committee, the commodities work in the Senate Ag Committee. and then take that and do what we call a manager's amendment, which means that Chairman Scott and Chairman Bozeman will wrap our work product around the Clarity act and we'll vote on a manager's amendment that becomes the Senate's product. (07:41–07:49)
CLAIM
Asserts that the Senate will handle securities and commodities work in specific committees.
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