Last year, the House passed the CLARITY Act (H.R. 3633), a bill disguised as “crypto regulation” that actually serves the billionaires and bad actors at the center of today’s crypto chaos. This bill doesn’t protect consumers, doesn’t close money laundering loopholes, and does nothing to stop the biggest threat of all: Trump’s crypto-fueled bribery machine. The CLARITY Act is being considered in the Senate and we need to stop it. Unfortunately, 78 House Democrats helped pass the CLARITY Act last summer. We need to make sure Senate Democrats don’t make the same mistake.
Here’s why the CLARITY Act is Dangerous:
- Creates a loophole for companies to “self-certify” stocks as crypto tokens, stripping away the SEC's authority and risking $120 trillion in retirement, pension, and other investor savings.
- Allows FDIC-insured banks to speculate like crypto hedge funds and hold volatile collateral, putting taxpayers and the banking system at risk.
- Fails to close loopholes in money laundering and sanctions evasion, leaving gaps that enable criminals and foreign adversaries to use services like mixers and decentralized exchanges to move money through our financial system.
- Pushes tokens into the underfunded CFTC, blocks SEC disclosures, and weakens antifraud protections.
Call your Democratic Senators now and tell them: OPPOSE the CLARITY Act. We won’t let Congress enable more of Trump’s corruption or gamble away our financial stability just to appease crypto billionaires.
Dear Senator,
I am writing to urge you to oppose the CLARITY Act and any cryptocurrency legislation that fails to address the growing corruption surrounding President Trump’s financial ties to the crypto industry.
At a time when President Trump is actively profiting from cryptocurrency ventures and creating unprecedented opportunities for wealthy individuals, corporations, and even foreign actors to funnel money into businesses tied to him, Congress should not be advancing legislation that further expands and legitimizes the industry without addressing these conflicts of interest.
The CLARITY Act would create significant new opportunities for the crypto industry while failing to include meaningful safeguards against corruption, conflicts of interest, market abuse, or foreign influence. Congress should strengthen oversight and accountability, not weaken them.
Americans deserve a financial system that protects consumers and investors, not one that enables powerful interests to buy access and influence. I expect you to stand against corruption and vote NO on the CLARITY Act.
Thank you for your time and consideration.