Treasury Secretary Bessent Demands Swift Congressional Action on Crypto Clarity Act

From moneycheck.com

The urgency surrounding digital asset policy in America intensified as Scott Bessent called for immediate Congressional intervention. He characterized the Clarity Act as crucial for establishing market certainty in the cryptocurrency sector. The Treasury Secretary cautioned that legislative inaction risks driving investment and technological development to foreign shores. Bessent ramped up pressure on lawmakers to expedite Clarity Act consideration. He characterized the proposed legislation as vital for establishing clear federal jurisdiction over cryptocurrency markets. The Treasury chief underscored that existing ... (full story)