News. Senate Banking Committee Chair Tim Scott (R-S.C.) told lawmakers and staff this week that his panel would hold a markup of crypto market structure no later than Jan. 15 — whether or not the bill has bipartisan support.
Multiple senators said on Tuesday that Scott made clear next week’s target of a markup was a firm deadline. “My understanding is that the chairman is going to have a vote, come hell or high water, on Thursday for the next week,” said Sen. John Kennedy (R-La.), who remains skeptical of this process.