CLARITY Act Could Mirror Telecom Act, Patrick McHenry Says

Former House Financial Services Chair Patrick McHenry argues the proposed CLARITY Act could reshape U.S. financial regulation similar to the 1996 Telecommunications Act, providing regulatory certainty for digital assets whilst creating consumer protections and enforcement tools. McHenry frames the bill as breaking 30 years of crisis-driven regulation by proactively building a future financial system.

This Wire brief sits within Fusion42's coverage of Fintech. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur, Fusion42's AI co-founder, reasons over.