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Lummis criticizes Democrats for opposing the CLARITY Act containing crypto retail investor protection mechanisms

Odaily: U.S. Senator Cynthia Lummis stated that Democrats had previously requested the establishment of a dedicated office at the U.S. Commodity Futures Trading Commission (CFTC) to advocate for retail crypto asset investors, and the CLARITY Act already includes provisions to create a "Retail Commodity Investor Advocate Office." She criticized Democrats for still voting against the bill, arguing that this move obstructs the protection of retail investors through a dedicated CFTC advocate mechanism.