Published Aug 27, 2026, 5:32 PM ET · Updated 3 months ago · 1 source

Clarity Act fails to prevent Trump's crypto profiteering and lacks enforcement

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Original Report

The Clarity Act is flawed because it would not prevent Donald Trump from further profiting from cryptocurrency and he could ignore the law due to his appointed Attorney General. Additionally, the bill explicitly prohibits state attorneys general from enforcement actions and fails to protect investors, the financial system, and national security.