Garlinghouse Backs Bessent’s CLARITY Act Case Ahead of Senate Vote
Ripple CEO Brad Garlinghouse backed Treasury Secretary Scott Bessent’s case for advancing the CLARITY Act, arguing the final compromise deserves Senate support. Bessent says the bill gives Treasury tools to protect community banks if stablecoin-related deposit flight emerges. Garlinghouse Backs Bessent Ahead of Senate Vote Treasury Secretary Scott Bessent pressed senators Sept. 14 to support […]
Key Takeaways
- Ripple CEO Brad Garlinghouse backed Treasury Secretary Scott Bessent’s case for advancing the CLARITY Act, arguing the final compromise deserves Senate support.
- Bessent says the bill gives Treasury tools to protect community banks if stablecoin-related deposit flight emerges.
- Garlinghouse Backs Bessent Ahead of Senate Vote Treasury Secretary Scott Bessent pressed senators Sept.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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