One year ago today, the House passed the CLARITY Act to establish clear rules for digital asset markets, protect consumers, and keep innovation in the United States.
I encourage the Senate to build on that work and help get the this important legislation across the finish line and onto President Trump’s desk.
The Federal Reserve should not be able to decide who gets access to the payments system based on insider status.
If an institution meets the legal standard for a master account, the Fed should not move the goalposts.
Our payments system needs competition, transparency, and accountability.