Svmuu News: David Solomon, CEO of Goldman Sachs, expressed support for advancing the CLARITY Act, while acknowledging that the legislation “is not perfect.”
His remarks contrast with criticism from JPMorgan CEO Jamie Dimon and other banking executives, who oppose provisions in the bill that would allow crypto companies to offer yield-generating stablecoins.
Republican senators are circulating an updated version of the bill, and the Senate may hold a full vote as early as next week.