Trump calls for Congress to pass Clarity Act crypto bill to honor Lindsey Graham
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President Donald Trump on Monday said he's calling on the Senate to pass cryptocurrency legislation known as the Clarity Act to honor the late Sen.
Key facts
The Senate Banking Committee approved the bill 15-9 in May, with two Democrats joining Republicans to advance the legislation
In honor of Senator Lindsey Graham, a big supporter, the U.S. Senate should pass the Clarity Act," Trump said in a post on Truth Social
President Donald Trump on Monday said he's calling on the Senate to pass cryptocurrency legislation known as the Clarity Act to honor the late Sen
The Clarity Act is one of the first wide-ranging pieces of legislation to regulate cryptocurrencies, and is backed by the crypto industry and the White House
Summary
"In honor of Senator Lindsey Graham, a big supporter, the U.S. Senate should pass the Clarity Act," Trump said in a post on Truth Social. The Clarity Act is one of the first wide-ranging pieces of legislation to regulate cryptocurrencies, and is backed by the crypto industry and the White House. The Senate Banking Committee approved the bill 15-9 in May, with two Democrats joining Republicans to advance the legislation. Graham was also not a particularly key figure in crypto policy debates and was not a primary player in the Clarity Act.