Treasury Secretary Bessent urges CLARITY Act passage after Senate returns

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Treasury Secretary Bessent urges CLARITY Act passage after Senate returns

60-second summary

Secretary Scott Bessent warns that Congress must pass the CLARITY Act now, saying failure would send a troubling signal about America’s leadership in the digital‑asset industry. He notes the Senate’s recent return of the bill and stresses that timely legislation protects innovation, encourages investment, and prevents the U.S. from falling behind global competitors.

Secretary Scott Bessent warned that failing to pass the CLARITY Act would send a “troubling signal” about America’s leadership in the digital asset industry.