Alsobrooks says Clarity Act not derailed despite failed vote, cites 70 million Americans

  • Angela Alsobrooks said the Clarity Act remains viable after a Senate floor procedural motion failed.
  • More than 70 million Americans participate in an unregulated industry, Alsobrooks said.
  • Alsobrooks backed committee advancement in May but opposed the Sept. 15 procedural vote.

Sen. Angela Alsobrooks said the Clarity Act is not entirely derailed after a procedural motion to bring it to the Senate floor failed. The US Democrat said more than 70 million Americans participate in an unregulated industry and argued that lawmakers have a responsibility to regulate it. Alsobrooks backed advancing the bill in the Senate Banking Committee in May but voted against the Sept. 15 procedural motion. She accused Republican leadership of political games and said it moved forward with the vote while refusing to hold President Donald Trump accountable over what she described as corruption in the crypto industry.

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Alsobrooks says Clarity Act not derailed despite failed vote, cites 70 million Americans - CoinPost Terminal