US Treasury Secretary: Urges Senate to Continue Advancing the Clarity Act Legislative Process After August Recess

According to Odaily, Scott Bessent stated in a post that in July of this year, he called on the Senate to advance the Clarity Act, which aims to establish a comprehensive regulatory framework for digital assets and enhance the United States' ability to prevent bad actors from exploiting related technologies. Scott Bessent urged the Senate to remain at the negotiating table after the August recess, reach agreement on a motion to proceed, and advance the legislative process.