The SEC already said they would create the same rules for crypto if The Clarity Act failed.
We don't need Congress.
The SEC will get it done instead now.
This afternoon, Senate Democrats proved they were never truly serious about protecting consumers and preserving American leadership. I sat at the table with Senate Democrats working in good faith to get this done while they played games.
For over a year, they presented demands and the second we met them, they made new demands and moved the goal posts. Today they voted against real limitations on politicians’ personal crypto investments. They voted against protecting American consumers from the scammers and fraudsters this bill would have shut down. They voted against American leadership, and handed China and every one of our foreign competitors exactly what they wanted. Democrats chose politics over the American people—again. That’s not leadership on their part, that’s surrender to their radical, socialist base.
The once-proud Democratic party is anti-consumer and pro-illicit finance, anti-ethics, anti-free enterprise, anti-worker, anti-livable wage jobs, and pro-socialism. The Democrats are now anti-American. Sad!
BREAKING: 🇬🇧 UK finalizes new crypto rules, with firms able to apply for licenses starting September 30.
While the US fails to advance the CLARITY Act, other nations are racing ahead.
WAIT WAIT WAIT…
The House Republicans are going to give themselves a nearly 50 DAY VACATION... AFTER JUST COMING BACK FROM A 38-DAY VACATION?!!!!
ARE YOU KIDDING ME?!!!!!
DON'T WE HAVE STUFF TO GET DONE IN THIS COUNTRY???????????????
WHAT ARE WE EVEN DOING HERE?!!!!!
JUST IN: 🇺🇸 Senator Cynthia Lummis says "Senate Democrats proved they were never truly serious about protecting consumers and preserving American leadership."
They "handed China and every one of our foreign competitors exactly what they wanted." 👀
BREAKING: 🇺🇸 SENATOR THOM TILLIS JUST OFFICIALLY FILED A MOTION TO RECONSIDER THE #BITCOIN CLARITY ACT
WE STILL HAVE A SHOT AT PASSING IT
ALL HOPE IS NOT LOST 🔥
Democrats wrote more than half of the 635-page CLARITY Act and secured 100+ concessions.
Then every single Democrat voted against it.
They helped write it. They negotiated it. They shaped it.
And then they all voted no.
Make it make sense.
🚨TRUMP’S CRAZY PLAN B KICKS IN
The Trump administration now has nothing left to fear in the crypto market.
The Democrats were given more than enough chances.
It was the Democratic Party that rejected America’s digital-dollar dominance.
Now Trump’s crazy Plan B kicks into action.
Trump is a master negotiator.
Everything has already been prepared.
From this point forward, Trump’s full-scale crypto offensive begins.
The massive crypto rally is about to begin.
This is a perfect example of what's wrong with America right now
Early in its history, 30-40 year olds were determining the future of the country
Now, 77 year old dinosaurs are telling you why you can't have innovation and progress
This needs to somehow be fixed asap
The Crypto Clarity Act. Who ❌ Voted NO:
Below is the complete roster of all 43 Senators who voted against advancing the Crypto Clarity Act.
• 37 Democrats
• 4 Republicans
• 2 Independents
#CLARITYAct