Discussion · Senate

Cynthia M. Lummis Republican

“The crypto bill we vote on tomorrow gives Democrats the ethics rules they asked for. It makes the president sell crypto assets or put them in a blind trust, report sales, and stop promoting personal coins. Democrats should accept this win. I want to finish speaking and close the Senate for today.”
Official Congressional Record

Mr. President, briefly, in response to the gentleman who just spoke, the digital asset bill we are voting on tomorrow, the Clarity Act, gives the Democrats exactly what they asked for on an ethics deal. It requires the President to divest or use a blind trust, disclosure of sales, a ban on promoting your own coin, and State AG enforcement power. Take the win. Mr. President, I would like to conclude my remarks. We will talk Clarity tomorrow, and I would like to move into closing the Senate for today and making announcements about tomorrow’s schedule.

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