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Cortez Masto opposed the measure while saying she wanted legislation that set clear rules for the cryptocurrency industry.
The Senate rejected the crypto-industry-backed Clarity Act after Nevada Sens. Catherine Cortez Masto and Jacky Rosen opposed it. Columnist Hugh Jackson argues that President Trump’s cryptocurrency interests and the bill’s failure to constrain them helped drive opposition.
Nevada senator who opposed the bill after previously supporting negotiations for crypto market-structure legislation.
Nevada senator who opposed the Clarity Act.
Nevada representative noted as having previously supported part of the Trump-cryptocurrency agenda.
Nevada representative noted as having previously supported part of the Trump-cryptocurrency agenda.
President whose cryptocurrency dealings and the bill’s treatment of them are criticized by the columnist.
Nevada representative noted as having previously supported part of the Trump-cryptocurrency agenda.
Arizona senator who opposed advancing the bill, citing Trump’s interests.
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Nevada representative noted as having previously supported part of the Trump-cryptocurrency agenda.
President whose cryptocurrency dealings and the bill’s treatment of them are criticized by the columnist.
Nevada representative noted as having previously supported part of the Trump-cryptocurrency agenda.
Arizona senator who opposed advancing the bill, citing Trump’s interests.
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