Jito Labs' Rebecca Rettig and Paul Hastings' Renato Mariotti return to The Policy Protocol after Consensus Miami to break down the Clarity Act's historic bipartisan passage out of the Senate Banking Committee. They're joined by Lindsay Fraser, Chief Policy Officer at the Blockchain Association, on what's at stake in Section 301, why ethics is still the #1 unresolved issue, and whether the July 4th signing deadline is real. Plus, they discuss the stablecoin yield compromise and unveil this week's Person of the Week.

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Timecodes:

00:00 - Welcome Back to The Policy Protocol After Consensus 2026

01:13 - The CLARITY Act Clears Senate Banking — Stick or Carrot?

02:15 - Section 301 and the Last-Minute Developer Protection Cut

05:04 - Inside the Markup: Five Bipartisan Amendments

06:57 - Two Democrats Cross Over and the Path to the Floor

08:25 - Ethics Is Still the #1 Outstanding Issue

10:42 - The Gillibrand and IRS DeFi Broker CRA Precedent

12:24 - Stitching the Senate Banking and Ag Bills

13:58 - Is the July 4th Signing Deadline Real?

15:34 - Stablecoin Yield: "A Distinction That Works for Lawyers"

16:14 - Person of the Week: Senator John Thune

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This episode was hosted by Rebecca Rettig and Renato Mariotti.