According to @EleanorTerrett, Sen. Mark Warner said at MoonPay’s New York office that completing a crypto market structure markup before the Christmas break is very hard because the Senate is still waiting on White House language for two sections, ethics and quorum, which remain unresolved and are gating near-term progress for the bill, source: @EleanorTerrett, Dec 8, 2025. According to @EleanorTerrett, Warner added that Republicans will have to decide whether this is a White House bill or a congressional call, underscoring internal process uncertainty that could delay a December committee action, source: @EleanorTerrett, Dec 8, 2025. According to @EleanorTerrett, Warner also said bipartisan staff are meeting daily for hours and that a bill will get done but must be correct, signaling reduced odds of a December markup and sustained focus on ethics and quorum language as the immediate catalysts traders should watch for headline risk, source: @EleanorTerrett, Dec 8, 2025.