Bessent urges Senate to advance CLARITY Act for crypto framework

The Treasury's active backing elevates the CLARITY Act beyond a niche market-structure debate into a national security and geopolitical issue. This framing could shift the Senate's calculus, as the argument ties regulatory inaction to a loss of US leadership and weaker anti-abuse tools. The key question is whether this security-centric push can overcome lingering policy disagreements and gain the bipartisan momentum needed for passage. If the bill stalls, the signal to the digital asset industry is that the legislative path remains uncertain despite high-level support.