BlackRock Backs CLARITY Act Amid Wall Street Push

4 days ago 5

Rommie Analytics

Key Takeaways

  • BlackRock has backed the CLARITY Act.
  • Cohen stressed investor protection and market resilience.
  • Goldman supports moving the bill forward.
  • Fidelity calls the framework balanced.
  • Schwab sees passage as a market catalyst.
  • Rewards and ethics remain heavily disputed.

In a statement provided to Politico, BlackRockGlobal Head of Market Development Samara Cohen described the bill as an important step towards an investor-focused regulatory framework. She said it could support innovation while preserving the transparency, resilience and investor protections expected in US capital markets.

The endorsement came as the Crypto Council for Innovation published its “Myths v Facts” paper, arguing that the legislation would strengthen...

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