Lummis Criticizes Democrats for Opposing CLARITY Act with Crypto Retail Investor Protections

PANews reported on October 13 that U.S. Senator Cynthia Lummis stated on X that Democrats had previously called for establishing a dedicated office within the Commodity Futures Trading Commission (CFTC) to advocate for retail investors in crypto assets, and the CLARITY Act already includes provisions to create an "Office of the Retail Commodity Investor Advocate." She criticized Democrats for still voting against the bill, arguing that this hinders the protection of retail investors through a dedicated CFTC advocacy mechanism.