Goldman Sachs CEO David Solomon publicly endorsed the revised Digital Asset Market Clarity Act, known as the CLARITY Act, in a Politico interview published July 26, breaking ranks with the broader banking lobby and drawing an immediate counter-signal from seven Senate Democrats who called the latest draft a Republican-only text that falls short on ethics and consumer protection.
This is not simply a CEO expressing an opinion on pending legislation. It is the first fracture in the traditionally unified opposition among globally systemic bank executives to a statutory crypto market structure framework – a fracture that carries direct consequences for the bill’s legislative trajectory before the August recess.
Goldman Sachs CEO David Solomon tells @samjsutton he’s “very supportive of moving the Clarity Act forward” — a major split from other Wall Street executives and banking trade groups in D.C.https://t.co/SaJptCT3j9
— Jasper Goodman (@Jasper_Goodman) July 2
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