Senators departed for the August recess over the weekend without holding a floor vote on the crypto market structure bill, pushing its odds of passing before the midterms sharply lower. Majority Leader Thune said the bill will reach the floor in September instead, blaming Democratic resistance and crediting Senator Lummis's work on the compromise text. A cloture motion on the motion to proceed was recorded August 8, so the bill is technically moving, just not fast enough to beat the recess.