Home
News
Details

U.S. Senate Banking Committee Divided on CLARITY Bill Amendments

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
XRP
$1.483233.86%
This is the logo of the coin.
ADA
$0.27122.49%
AI summary iconSummary

expand icon
The U.S. Senate Banking Committee’s review of the CLARITY Act amendments on May 15 revealed sharp partisan divisions, with several proposals passing or failing by an 11-to-13 vote. The committee consists of 24 members, including 13 Republicans led by Chair Tim Scott and Senator Cynthia Lummis, and 11 Democrats led by Elizabeth Warren. CFT provisions and concerns regarding risk-on assets were among the key points of contention.

BlockBeats report, on May 15, the CLARITY Act is currently facing clear partisan division in the U.S. Senate Banking Committee, with multiple amendments rejected or passed today by a vote of 11 in favor and 13 against.


The Bank Committee currently has 24 members, including 13 Republicans led by Chairman Tim Scott and Senator Cynthia Lummis, and 11 Democrats led by Elizabeth Warren.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.