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Analyze John Garamendi's Stance | DoTheySupportIt

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Stance from 2025-07-17

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Analyze John Garamendi's Stance

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Voted against a bill on 2025-07-17

Bill Name

CLARITY Act

Details

The "Digital Asset Market Clarity Act of 2025," or "CLARITY Act of 2025," establishes a regulatory framework for digital commodities, granting the CFTC exclusive jurisdiction over spot market transactions and related entities like exchanges, brokers, and dealers. It aims to differentiate digital commodities from securities, introduce a "mature blockchain system" concept for regulatory exemptions, and protect individual self-custody rights.

Vote Type

Final Passage Out Of House

Very Anti-Crypto

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