🏛️ The anti-CLARITY bill list is growing again: a new addition from the House Financial Services Committee—senior Democratic lawmaker
On the road of the CLARITY Act, opposition voices are becoming increasingly diverse.
The latest to join the list is Maxine Waters, a senior Democratic congresswoman on the House Financial Services Committee, who could potentially become a leading figure on the committee in the future.
The specific direction she has publicly opposed is: including cryptocurrencies as an investment option in 401(k) retirement accounts.
Here’s what we know so far about the forces opposing or taking a cautious stance:
• Maxine Waters: opposes adding crypto to 401(k)
• Nearly 100 Catholic leaders: concerned about weakening anti–human trafficking provisions
• Elizabeth Warren: 40-plus amendment proposals
• Banking industry association: concerned about deposits flowing to stablecoins
Galaxy Digital’s latest research report has already lowered the probability of the CLARITY Act being passed this year.
This legislative path is far more winding than anyone imagined at the beginning of the year.
Which of these opposing voices do you think will be the hardest to deal with?👇
#CLARITY #Waters #BinanceSquare