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Five Major U.S. Labor Unions Urge Senate to Reject CLARITY Act Ahead of Thursday Vote

Regulation & Policy

2026-05-13 00:38:25

According to Cryptopolitan, five major U.S. labor unions, including AFL-CIO, urged senators to oppose the CLARITY Act on May 13 ahead of the Senate Banking Committee's Thursday vote. The unions, representing tens of millions of workers, warned that the bill would expose workers' retirement savings and public pension funds to cryptocurrency volatility risks, adding that embedding digital assets into the real economy would create instability.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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