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Inside the GOP's mad dash to recess finish line
Senate Republicans aim to address crypto regulation, college sports Name, Image, and Likeness (NIL) rights, and hemp policy before the August recess. They also prioritize funding the government and confirming numerous nominations. Majority Leader John Thune highlighted these legislative goals, alongside Russia sanctions, as key items. A vote on election security legislation, specifically the SAVE Act, is also being considered to highlight Democratic opposition to voter ID measures. This move could also appease President Trump and his allies pushing for election integrity discussions. However, the Senate may have to work into the weekend to achieve its agenda. A significant hurdle for crypto regulation is the CLARITY Act, with Democrats hesitant to grant Republicans a preliminary procedural vote. They fear it could derail bipartisan talks and potentially unlock crypto super PAC funding. Divisions within the Republican party regarding hemp policy also pose a challenge to passing a stopgap spending bill. Senator Ted Budd is pushing for a vote to remove language delaying a ban on certain intoxicating hemp products.