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	<author_name>Americans for Financial Reform</author_name>
	<author_url>https://actionnetwork.org/groups/afr-advocacy-fund-c4</author_url>
	<title>Stop the CLARITY Act</title>
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	<description>Congress is rushing to pass the CLARITY Act, a bill drafted by crypto industry insiders that would leave working families exposed to financial ruin, legalize dangerous speculation, and allow political elites like Donald Trump and his family to profit directly from deregulated digital markets. This bill doesn’t regulate crypto, it deregulates it, removing the few protections that currently exist and replacing them with loopholes designed to benefit scammers and billionaire investors. More than 80 consumer advocacy, labor, and public interest organizations have spoken out against the CLARITY Act, warning that it would embed high-risk crypto products deep into the financial system while stripping away enforcement powers from regulators. It offers only superficial disclosures, and even those are riddled with exemptions. Experts have called the bill “structurally unsound,” “vague,” and “dangerous,” noting it would paralyze oversight and invite the next crypto-driven financial collapse. Trump’s family has spent months turning the White House into a platform for promoting their personal crypto empire. The CLARITY Act would give them, and others like them, legal cover to keep pushing unstable, unregulated tokens to the public for private gain. These financial conflicts of interest are part of a coordinated effort to rewrite the rules to benefit those at the top while ordinary Americans bear the risk. The bill’s supporters claim it will provide “clarity”, but what it really offers is chaos. Weak enforcement provisions. Gaping loopholes for illicit finance. A green light for institutional investors to pour money into unstable tokens. And a roadmap for the next financial crisis. Tell your Senators: Vote NO on the CLARITY Act and protect financial stability, national security, and working families from a manufactured crypto catastrophe.</description>
	<url>https://actionnetwork.org/letters/stop-the-clarity-act</url>
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