Bessent Pushes Senate for CLARITY Act Vote, Tom Lee Agrees

Fundstrat Capital CIO Tom Lee backed the call. He said the CLARITY Act is "critically needed" to ensure U.S. leadership in digital finance and encouraged supporters to contact their senators.

Bessent addressed concerns about consumer protections and anti-money laundering measures. He argued the legislation strengthens oversight by imposing regulatory and compliance requirements on digital asset intermediaries, similar to traditional financial institutions. He also defended the Blockchain Regulatory Certainty Act, saying it codifies longstanding Treasury policy that non-custodial software developers and blockchain builders are not subject to registration under the Bank Secrecy Act.

Bessent ended his post with a quote from Satoshi Nakamoto: "If you don't believe me or don't get it, I don't have time to try to convince you, sorry."

The bill's path to a floor vote remains uncertain. Senate Majority Leader Chuck Schumer has not scheduled a vote, and the timing of any floor action is unclear.