Bessent says CLARITY Act is essential to US technological competitiveness

  • Scott Bessent said the CLARITY Act is essential to US competitiveness in emerging technologies.
  • Bessent said the final legislation would further advance US technological policy goals.
  • Conner Brown separately called the bill a compelling compromise and urged its passage.

US Treasury Secretary Scott Bessent said the CLARITY Act is essential for the United States to secure global competitiveness in emerging technologies. He said the legislation is critical to ensuring the US wins the global competition over new technologies, adding that its final version would further advance policy goals aimed at strengthening US technological competitiveness. Bitcoin Magazine reported the comments on September 14. Separately, Conner Brown, Executive Director of the Bitcoin Policy Institute, said the act had reached a compelling compromise and urged its passage, without detailing the provisions or identifying the lawmakers involved.

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