CLARITY Act fails to protect consumers from fraud, conflicts of interest, and financial instability, say public-interest groups
June 4, 2026: Washington, DC – The National Consumers League (NCL) today along with a coalition of public-interest organizations, today sent a letter to Senate Majority Leader John Thune and Senate Minority Leader Chuck Schumer urging them to oppose the Senate version of the Digital Asset Market Clarity Act (CLARITY Act) as it fails to provide adequate consumer protections, combat financial crime, or address serious ethics concerns.







