Lummis Says Talks With Democrats on CLARITY Act Are Ongoing
JH Kim
Summary
- Sen. Cynthia Lummis said she is continuing talks with Democrats to pass the CLARITY Act.
- Lummis said she discussed the bill’s Commodity Futures Trading Commission (CFTC) provisions the previous night and referred to President Trump’s efforts to protect ethical standards for digital assets.
- She said the CLARITY Act should be passed to create a clear regulatory framework and help ensure the digital-asset industry remains in the US.
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Sen. Cynthia Lummis said in a post on X on Aug. 5 that she is continuing talks with Democrats to advance the CLARITY Act.
She wrote that she discussed provisions related to the Commodity Futures Trading Commission, or CFTC, as recently as the previous night. Lummis also said President Donald Trump has been more active than any previous president in protecting ethical standards related to digital assets.
She added that the CLARITY Act should be passed to establish a clear regulatory framework and help keep the digital-asset industry in the US.
JH Kim
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