Galaxy Digital Chief Executive Officer Mike Novogratz called on Republicans and Democrats to compromise on the Clarity Act. According to Odaily, Novogratz said the bill is important for the U.S. future and only needs wording work on ethics-related provisions.
He said the public does not allow politicians to have special advantages in financial investments that ordinary people do not have, and that lawmakers from both parties understand this, citing relevant polling data. Novogratz said Republican senators need to put more pressure on the White House, while Democratic senators should understand that a digital asset bill alone cannot solve corruption across all levels in the U.S.
He added that Congress should show the public it can still carry out its duties and advance legislation for the long-term interests of Americans.