Democratic Senator Ruben Gallego strongly criticized the CLARITY Act proposal filed by Senate Republicans, calling it « a piece of s— » and « not a serious effort. » This digital asset legislation would include ethics provisions barring all US federal officials, including President Donald Trump, from issuing or sponsoring digital assets. Democrats say the ethics provisions fall short. Senator Gallego said he would work with Republican Senator Thom Tillis on a counterproposal.
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