Bessent Says Key Crypto Bill Is Critical for US

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Sep 09

U.S. Treasury Secretary Scott Bessent has urged senators to keep the CLARITY Act alive. He has warned that failure to advance the landmark cryptocurrency legislation would undermine America’s ...

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He has warned that failure to advance the landmark cryptocurrency legislation would undermine America’s ...</p>\n\n<a href=\"https://u.today/bessent-says-key-crypto-bill-is-critical-for-us\">Source Link</a>\n\n</div>\n","source":"utodaynews_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bessent Says Key Crypto Bill Is Critical for US</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBessent Says Key Crypto Bill Is Critical for US\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-09-09 20:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://u.today/bessent-says-key-crypto-bill-is-critical-for-us><strong>utoday</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. Treasury Secretary Scott Bessent has urged senators to keep the CLARITY Act alive. He has warned that failure to advance the landmark cryptocurrency legislation would undermine America’s ...</p>\n\n<a href=\"https://u.today/bessent-says-key-crypto-bill-is-critical-for-us\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TEKX","symbol_name":"SPDR Galaxy Transformative Tech Accelerators ETF","start_time":0,"source_url":"https://u.today/bessent-says-key-crypto-bill-is-critical-for-us","article_id":"2666562722","we_media_id":null,"thumbnails":[],"rights":{"source":"utodaynews_highlight","url":"https://u.today/bessent-says-key-crypto-bill-is-critical-for-us","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2666562722","pubTimestamp":1788955200,"columns":[],"sourceInfo":{"source_id":"utodaynews_highlight","name":"u.today"},"weMediaInfo":null,"summary":"U.S. Treasury Secretary Scott Bessent has urged senators to keep the CLARITY Act alive. He has warned that failure to advance the landmark cryptocurrency legislation would undermine America’s leadersh","collect":0,"end_time":0,"defaultTopTitle":"u.today","property":[],"viewcount":null,"language":"en","relate_stocks":{"TEKX":"SPDR Galaxy Transformative Tech Accelerators ETF","GDLC":"Grayscale CoinDesk Crypto 5 ETF","LFGY":"YieldMax Crypto Industry and Tech Portfolio Option Income ETF","DIME":"CoinShares Altcoins ETF","BITQ":"Bitwise Crypto Industry Innovators ETF","STCE":"Schwab Crypto Thematic ETF"},"translate_title":"贝森特表示关键加密货币法案对我们至关重要","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BITQ":0.76,"LFGY":0.76,"TEKX":0.76,"STCE":0.76,"DIME":0.76,"GDLC":0.76},"content_text":"U.S. Treasury Secretary Scott Bessent has urged senators to keep the CLARITY Act alive. He has warned that failure to advance the landmark cryptocurrency legislation would undermine America’s leadership in the realm of crypto. Bessent has, of course, reiterated his support for the bill that aspires to establish a comprehensive regulatory framework for the cryptocurrency industry.“In July, I called on the Senate to advance the Clarity Act,” Bessent said, describing the legislation as an effort to create clear rules for digital assets while strengthening the government’s ability to prevent their misuse.The Treasury secretary also framed the legislation as a matter of national security and international competitiveness.“Failing to do so would send a troubling signal to our allies and adversaries alike that America is unwilling to lead on the future of digital assets and willing to forgo enhanced national security tools to combat their misuse,” he said.His intervention comes as the CLARITY Act faces what could be its most consequential test yet.A critical Senate voteThe Senate is expected to hold an initial procedural vote on the legislation on Sept. 15. The vote will decide whether to move forward with consideration of the bill. The motion is expected to require 60 votes.Republicans currently hold 53 Senate seats. At least seven Democrats would have to join them. Crypto policy advocate Dan Spuller predicted that more Democrats could ultimately cross the aisle than currently expected. However, Republican senators have recently sounded much less optimistic.Sen. Thom Tillis of North Carolina has warned that the legislation could fail without further compromise.Democrats have pushed for tougher ethics language governing crypto ventures linked to senior government officials.Last-minute lobbying blitzWith less than a week before the Senate vote, the crypto industry is dramatically increasing pressure on lawmakers.The Cedar Innovation Foundation advocacy organization has launched a seven-figure national advertising campaign aimed at building support for the CLARITY Act. The campaign includes three advertisements. Sen. Cynthia Lummis, one of Congress’s most prominent cryptocurrency advocates, claims that failing to pass the crucial market structure bill risks surrendering financial leadership to China.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}