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Digital Asset Market Clarity Act of 2025

Floor Speech

Date: July 17, 2025
Location: Washington, DC

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Ms. KAMLAGER-DOVE. Mr. Speaker, I rise in opposition to the so-called CLARITY Act.

Let me be clear: I support the growth of digital assets, blockchain innovation, and the promise that crypto holds for expanding financial access and economic justice, but this bill is not clarity. It is confusion cloaked in legislation. It picks winners and losers, and the biggest winner is the President of the United States.

Why is that office exempt from all of the rules? It undermines the SEC's ability to protect consumers and fast-tracks deregulatory loopholes without addressing core issues like transparency, fraud prevention, or equity and access. The SEC doesn't even like this bill.

We need comprehensive, thoughtful regulation, not rushed frameworks driven by the people who will gain the most who ignore the voices of everyday investors, builders, and communities left behind.

Crypto deserves rules that are smart, fair, and future-facing. The CLARITY Act is none of these things because, if it was, Republicans would have had the votes much earlier.

Mr. Speaker, I urge my colleagues to vote ``no.''

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