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Former CFTC Chair criticizes Washington after CLARITY Act vote

  • Giancarlo criticized Washington’s political class after the CLARITY Act vote.
  • The former CFTC Chair said lawmakers failed to act for Americans.
  • Giancarlo made the remarks at the avax Summit.

Former CFTC Chair Giancarlo criticized Washington’s political class over the CLARITY Act vote at the avax Summit. The CFTC (U.S. derivatives regulator) oversees futures and other derivatives markets. His remarks expressed frustration that lawmakers had not taken what he viewed as appropriate action for the American people.

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