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Lummis Slams Dimon Over CLARITY Act Critique

1 week ago 3817

An aged legal book with the text "CLARITY Act" and an illustration of the U.S. Capitol dome, set against a background of the American flag.

The post Lummis Slams Dimon Over CLARITY Act Critique appeared first on Coinpedia Fintech News

Sen. Cynthia Lummis pushed back against JPMorgan CEO Jamie Dimon’s criticism of the CLARITY Act, saying his concerns about the bill’s anti-money laundering (AML) provisions are “absolutely wrong.” Speaking to CNBC, Lummis defended the legislation as Congress advances the crypto market structure bill. The clash underscores growing tensions between the banking sector and the crypto …

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