JP Morgan analysts, including Kenneth Worthington, noted in a report dated the 16th that while the possibility of the Clarity Act passing this year has not been entirely ruled out, the remaining time is "extremely limited and narrowing further."
The backdrop was the Senate vote on the 16th, where the procedural vote to commence deliberations failed at 49-50, falling short of the required 60 votes. Several Democratic lawmakers involved in drafting the bill turned against it, among other factors...