-> Nobody cares about an event, except the impact that event will have on price.
-> That event will have no impact on price, unless people care about it.
It will either cause a short-term bubble (of the real variety) or a short term crash, depending on how people want to spin it this time. Unless something really weird happens like the government actually deciding on something, the long-term effect will be 0 on pretty much anything.
I think the senate will wobble and equivocate and say nothing of any consequence. Likely they will leave room open for lobbyist sponsored legislation down the road. (Most of them will reveal huge technical incompetence for us all to laugh at, however)
The big deal is the banks dropping personal wire transfers. That is the precursor of currency restrictions to come and I am sure it's a big factor behind the current rally.