Lummis cites affiliate-trading dispute in CLARITY Act failure
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AI Summary
Lummis said Democrats voted against the CLARITY Act after tougher affiliate-trading restrictions were included.
Democrats requested stricter affiliate-trading limits than the House version contained.
Democrats’ request exceeded the restrictions included in the House version.
The CLARITY Act failed after Democrats requested stronger restrictions on affiliate trading than those included in the House version. Lummis said the requested restrictions were delivered, but Democrats subsequently voted against the bill.
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