Senator Lummis Criticizes Senate Democrats Over Stalled Crypto Legislation

Senator Cynthia Lummis (Cynthia Lummis) criticized Senate Democrats after the CLARITY Act failed to advance on September 16. Lummis accused Democrats of shifting requirements during negotiations and failing to prioritize consumer protection and US leadership in the digital asset sector. She argued that the opposition to the bill benefits foreign competitors and prioritizes political agendas over the interests of the American public.