Scott Bessent says the CLARITY Act can no longer be delayed, urges immediate Senate vote

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2 min readKey summary
U.S. Treasury Secretary Scott Bessent urged the Senate to hold a prompt vote on the CLARITY Act.
He warned that Democratic delays could weaken America’s lead in digital assets.
Bessent said bipartisan talks have advanced since House passage and that the bill strengthens consumer protection and anti-illicit finance measures.
However, disagreement over ethics provisions leaves the Senate outlook uncertain.
The CLARITY Act is a key market-structure bill that would split SEC and CFTC oversight and could shape the future of the U.S. crypto industry.
