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Charles Schwab Calls CLARITY Act a 'Fundamental Catalyst' as White House and Thune ...
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Fusion42 · 24 July 2026 · Fusion42 review
Charles Schwab, managing $13 trillion in assets, is publicly backing the CLARITY Act as a 'fundamental catalyst' for crypto regulation whilst Senate Majority Leader Thune and White House adviser Witt clash over whether a vote happens before the August recess.
This Wire brief sits within Fusion42's coverage of Fintech.
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If you're building crypto infrastructure or trading platforms, Schwab's $13 trillion weight behind CLARITY just moved the needle on whether you get a legal rails framework this year or face another cycle of state-by-state muddle. The vote happens before August recess or you're waiting until autumn - and that deadline is now live political territory between Senate and White House.
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1 source · 24 Jul 2026
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