Digital Asset Market Clarity Act of 2025

Floor Speech

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Mr. NUNN of Iowa. Mr. Speaker, I thank Chairman Thompson, as well as Ranking Member Craig for leading a truly bipartisan opportunity to help America deliver as a crypto capital for the entire planet.

As a member of both the Agriculture Committee and the Financial Services Committee, I have been able to see this issue on both sides: commodities versus securities, CFTC versus the SEC.

In my home State of rural Iowa, we know commodities: corn, soybeans, hogs. The CFTC does this very well. In downtown Des Moines and on the Main Streets of hometowns across Iowa, our banks handle stocks and bonds, securities, those handled by the SEC.

That level of clarity works, but when it comes to digital assets, the lines become blurred, confused, and overly burdensome. That regulatory uncertainty doesn't just cost dollars. It costs jobs, innovation, and America's global leadership.

The CLARITY Act is exactly what America needs now to drive toward the future to ensure the next generation of financial internet technology and blockchain success is built in America, that our innovators come from the U.S., and that we have a future going forward. Mr. Speaker, I endorse the CLARITY Act.

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