Progressives Pressure Gillibrand Over Crypto Ethics in CLARITY Act Talks
Progressive groups launched a sharp critique of Sen. Kirsten Gillibrand as she brokers a compromise on the CLARITY Act’s ethics provisions, arguing her ties to the crypto industry and her son’s involvement undermine Democratic credibility. Gillibrand supports a ban on elected officials and spouses issuing their own digital assets; Republicans, the White House, and the crypto industry are racing to secure 60 votes, with the ethics language remaining the main obstacle to a deal amid heavy industry fundraising and ongoing negotiations.