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cryptoMay 31, 2026, 4:44 PM

US Treasury Secretary Bessent Urges Passage of CLARITY Act; SEC Chair Sees Congress Approval

US Treasury Secretary Scott Bessent has again called for the swift passage of the CLARITY Act, a crypto market structure bill. SEC Chair Paul Atkins expressed confidence that Congress will advance the bill and that President Trump will sign it into law.

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US Treasury Secretary Scott Bessent has reiterated his call for the quick enactment of the CLARITY Act, a bill aimed at establishing a regulatory framework for the cryptocurrency market. He urged lawmakers to pass the legislation as soon as possible.

SEC Chairman Paul Atkins expressed confidence that Congress will move the bill forward soon and that President Donald Trump will sign it into law. Atkins did not provide a specific timeline but signaled optimism about the legislative process.

Source: MarketTwits