Washington, D.C. – Senator Reverend Raphael Warnock (D-GA) released the following statement after voting “NO” on the motion to invoke cloture on the motion to proceed to H.R.3633, the Clarity Act.

“Senate Republicans’ insistence on protecting this president’s rampant corruption killed the Clarity Act. Like many of my Democratic colleagues, I was ready to continue negotiations and make reasonable compromises to provide much-needed regulatory certainty. But I will never look away when it comes to the President illegally enriching himself at the expense of the American people. To make it plain: Senate Republicans gave us no choice.”

“My work is not done today. I look forward to continuing to work with consumers and investors, and with industry stakeholders to pass a market structure bill into law that protects consumers and ensures that there are clear rules for digital asset investors, customers, and businesses so that Americans can innovate and prosper by owning their future in our financial system.”