Dear John,
Don’t be fooled by the name: the so-called “CLARITY” Act isn’t about bringing clarity and order to cryptocurrency — it’s about stripping away what few safeguards we have.
This bill doesn’t regulate crypto; it deregulates it, giving billionaire scam artists and political insiders a green light for their risky schemes that entrap other investors, with the potential to damage the economy to the point of collapse.
The Act would create a “wild west” for crypto — removing oversight, gutting enforcement, and leaving working families to pick up the pieces when the bubble inevitably bursts. For elites, it’s a chance to cash in. For everyone else, it’s a trap.
Experts and more than 80 public interest organizations have sounded the alarm: this bill would embed unstable crypto products deep inside the financial system while hamstringing regulators. The result? Billionaires and power brokers will profit from speculation, while working families see their savings, jobs, and communities put at risk.
Send a direct message to your Senators: Vote NO on the CLARITY Act. Protect financial stability, working families, and the integrity of our economy from a crypto-driven catastrophe.
The truth is simple: deregulating crypto could make inequality skyrocket. Elites with inside access will cash out before the fall, while ordinary people lose their hard-earned money. We’ve seen this before — the last financial crash destroyed millions of jobs and homes. This time, it will be fueled by unregulated digital speculation.
The CLARITY Act doesn’t bring anything like clarity — it invites chaos:
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Weak oversight and gutted enforcement
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Loopholes designed for fraud
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A roadmap for billionaire-driven exploitation
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An inevitable crash that hits working families hardest
Tell your Senators: Vote NO on the CLARITY Act. Safeguard working families and stop billionaires from turning crypto deregulation into yet another inequality crisis.
Thank you for speaking out to protect our economy from an unregulated crypto-crash.
Robert Reich
Inequality Media Civic Action
