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AFL-CIO Warns CLARITY Act Could Bring Crypto Closer to Retirement Plans

2026-05-25 07:44:03

The AFL-CIO urged senators in a May 11 letter to oppose the Senate CLARITY Act over retirement-money concerns. The group warned that the bill could push digital assets into pension plans, retirement accounts, and the broader financial system under weak oversight. The warning came before the Senate Banking Committee advanced H.R. 3633 in a 15-9 vote.

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