A US government shutdown at midnight on Tuesday would pause most congressional work. That pause would include hearings and votes tied to the crypto market structure bill. Staff support would thin during a funding gap, which slows drafting and negotiations.
The House passed the CLARITY Act in July. The Senate now needs to shape its version of a crypto market structure bill and later reconcile both texts. However, a US government shutdown would shift focus to immediate funding, not sector bills.
A shutdown also affects agencies. The SEC and CFTC typically scale back non-essential actions during lapses. That slowdown would touch workstreams connected to a crypto market structure bill and related oversight.
Senate Banking Committee Calendar and Key Sponsors
In the Senate Banking Committee, the working banner is the Responsible Financial Innovation Act framework. Lawmakers say it would define SEC and CFTC roles for digital assets. Sponsors plan to build on the CLARITY Act that the House approved.
Senator Cynthia Lummis is a leading Republican backer of a crypto market structure bill. She first targeted September for committee movement. Reports then pointed to late October, indicating a revised Senate Banking Committee timetable.
Committee action remains the next step before a floor vote. Jurisdiction lines and exchange supervision still require text. A US government shutdown would hold those steps until Congress restores funding. That would again push the Senate Banking Committee schedule.
White House Negotiations and the Funding Resolution
Top leaders plan to meet at the White House on Monday. President Donald Trump is set to meet House Minority Leader Hakeem Jeffries, Senate Minority Leader Chuck Schumer, House Speaker Mike Johnson, and Senate Majority Leader John Thune. The goal is a funding resolution to avoid a US government shutdown.
Last week, President Donald Trump said “no meeting with [Democratic] Congressional Leaders could possibly be productive.” Later, the White House signaled he would not negotiate. Even so, the meeting remains scheduled as the deadline nears.
John Thune described a “simple, seven-week funding resolution” running into November. Hakeem Jeffries pushed back on the “clean” label, saying it does not reverse healthcare cuts in the July spending law, referred to as the “One Big, Beautiful Bill.” That dispute sits at the center of the funding resolution talks.
What a Shutdown Means for SEC, CFTC, and Market Structure
If a US government shutdown begins, lawmakers will work first on restoring operations. That priority would sideline the crypto market structure bill. Committee staff would pause most work unrelated to the funding resolution process.
The SEC and CFTC also reduce activity during shutdowns. Routine or discretionary actions often wait until full operations resume. That includes rulemaking or guidance linked to a crypto market structure bill and exchange oversight.
Therefore, timelines shift with the length of a US government shutdown. The mix of paused legislation and reduced agency activity would set the pace. Each day of a funding gap adds friction to Senate Banking Committee planning.
Past Shutdowns, Current Timeline, and Polymarket Odds
Shutdowns have occurred at different points since the 1980s. The longest lasted 35 days across 2018–2019 under President Donald Trump during a border wall dispute. That period showed how other items get delayed while funding talks dominate.
Today’s talks again center on a short-term funding resolution. Leaders weigh a seven-week extension through November. The dispute over healthcare cuts from July remains the sticking point.
Prediction markets track the risk into October 1. Polymarket odds update as statements and proposals shift. Those Polymarket odds serve as a running gauge of a US government shutdown and any impact on the crypto market structure bill.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.
📅 Published: August 4, 2025 • 🔄 Last updated: August 4, 2025
