SkyBridge Capital founder Anthony Scaramucci reiterated on Monday that Democrats will block the Clarity Act out of "dislike" for President Donald Trump rather than on the merits of the legislation.
Novograts Pushes Back on Scaramucci's Assertions It all started during the Wolf of All Streets podcast, in which Scaramucci said that Democrats would do everything possible to block initiatives Trump supports, including the Clarity Act, whose passage could "monetarily benefit" the president.
As a result, he scaled back the odds of the bill’s passage to roughly two in five.
Galaxy Digital CEO Mike Novogratz disagreed with Scaramucci's arguments and framed the impasse as ongoing "ethics" negotiations over preventing elected officials from profiting from cryptocurrency while in office.
"There is a very fair compromise out there that both sides [Republicans and Democrats] should agree on," Novogratz said.
