President Donald Trump urged the Senate to pass the CLARITY Act, adding White House pressure behind the crypto market structure bill as lawmakers enter a critical stretch of negotiations.
“In honor of Senator Lindsey Graham, a big supporter, the U.S. Senate should pass the Clarity Act,” Trump said in a Truth Social post Monday.
“China, and many other countries, would like to take complete and total control of this major financial ‘happening,’ as well as A.I., where we are now leading, but where they are fighting hard. Don’t let China win on either subject,” he added.
The statement followed Graham’s death on Sunday at age 71. The South Carolina Republican had become one of Trump’s closest allies in the Senate.
Trump’s intervention comes as lawmakers prepare to release a new version of the CLARITY Act that combines legislation approved by the Senate Banking and Agriculture committees.
