Goldman Sachs CEO backs ‘not perfect’ CLARITY Act as vote expected soon
Cointelegraph 2026-07-23 16:57:11
Context: Goldman Sachs CEO David Solomon has expressed his support for the CLARITY Act, a crypto market structure bill currently in Congress, despite some reservations from financial companies and banks. The bill is expected to come up for a vote soon, and its provisions on stablecoins have been a point of contention. Solomon described the bill as "not perfect" but still worthy of support.
Key Facts
- Goldman Sachs CEO David Solomon has stated that he will support the CLARITY Act, a crypto market structure bill currently being considered in Congress, despite some financial companies and banks having reservations about certain provisions.
- The CLARITY Act is expected to come up for a vote soon, with its provisions on stablecoins being a point of contention among financial companies and banks.
- Solomon characterized the CLARITY Act as "not perfect", indicating that while it may have some flaws, he still believes it is worthy of support.