Gallego Warns Against Rushing CLARITY Act Senate Vote
10 Articles
10 Articles
CLARITY Act Faces Setback Risk, Gallego Warns, With September Vote Approaching
TL;DR Negotiations: Gallego warns that rushing the CLARITY Act before ethics and stablecoin issues are resolved could delay the bill. White House Pressure: Trump and advisers push for movement, but Gallego says premature action risks setbacks. Industry Role: Gallego urges the crypto sector to support continued bipartisan talks instead of a fast vote. Senator Ruben Gallego urged the cryptocurrency industry to slow down its push for a quick Senat…
Senator Says CLARITY Act Ethics Talks With White House Still Unresolved
TLDR Senator Ruben Gallego warned that a rushed Senate vote on the CLARITY Act could set back crypto market structure legislation. He spoke at the SALT Wyoming Blockchain Symposium and urged lawmakers to keep negotiating instead of pushing for a quick vote. Gallego said the White House has not given a point-by-point response to a bipartisan ethics proposal he sent with Senator Thom Tillis. The Senate vote on the CLARITY Act has been pushed to S…
Gallego Warns Fast CLARITY Act Vote Without White House Input Could Delay
Senator Ruben Gallego has urged U.S. lawmakers to slow down the push to put the CLARITY Act on the Senate floor, warning that moving too quickly—before remaining disputes over ethics and stablecoin yield are resolved—could derail the bill’s chances of ultimately clearing Congress. Speaking at the SALT Wyoming Blockchain Symposium on Wednesday, Gallego said the industry should encourage continued negotiations among Senate Democrats and Republican…
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