Bessent Calls for Senate Vote on Clarity Act Amid Criticism from Warren

Treasury Secretary Scott Bessent is urging lawmakers to pass the Clarity Act, calling it 'landmark legislation.' He argued that Senate Democrats are stalling the bill, fearing criticism from Senator Elizabeth Warren.

Bessent quoted Satoshi Nakamoto in his tweet, saying 'If you don’t believe me or don’t get it, I don’t have time to try to convince you.'

The Clarity Act aims to set clear regulations for the crypto industry in the US. Despite bipartisan support, some Democrats are unhappy with its current wording.

Bessent accused Senate Democrats of being afraid to advance the bill due to Warren's criticism of the crypto space.