Bessent Urges Senate to Advance CLARITY Act

U.S. Treasury Secretary Scott Bessent is urging senators to advance the CLARITY Act, warning that failure to move forward could weaken Americas leadership in digital assets and undermine national security efforts. Bessent made the appeal on Sept. 9, just days before the Senates Sept. 15 cloture vote on the motion to proceed to H.R. 3633, the Digital Asset Market Clarity Act. He argued that abandoning the legislation would suggest the United States is willing to give up stronger national security tools designed to combat the misuse of digital assets. The upcoming vote will not determine final…  Read more

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