Senator Cynthia Lummis Says the Clarity Act Risks a 4-Year Delay
Treasury Secretary Bessent called for urgent passage of the CLARITY Act to prevent crypto firms from relocating to foreign jurisdictions.
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Treasury Secretary Bessent's Push for CLARITY Act7 articles·6 sources·Avg cred 37/100
Also about:Cynthia M. Lummis
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tl;dr
Senator Cynthia Lummis (R-WY) warned that the CLARITY Act faces a four-year legislative freeze if not passed before the 2026 midterms. The bill faces hurdles including a Trump administration 'red line' against proposed ethics restrictions.
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