🚨NEW: Some color on Wednesday’s meeting between law enforcement groups, administration officials and Congressional members and staff on the Clarity Act:
📌 The meeting was hosted by
@patrickjwitt and the White House Crypto Council in the Eisenhower Executive Office Building. Around 20 attendees were present, including
@GOPMajorityWhip and
@DavidSacks who delivered opening remarks before departing. Also in attendance were officials from
@USTreasury,
@FinCENnews, Senate staff and
@DAGToddBlanche office.
📌 On the law enforcement side, attendees included the Fraternal Order of Police (
@GLFOP), National Association of Police Organizations (
@NAPOpolice), International Association of Chiefs of Police (
@TheIACP), the National District Attorneys Association (
@ndaajustice), and the National Association of Assistant U.S. Attorneys (
@WeAreNAAUSA). The National Sheriffs’ Association (
@NationalSheriff) was invited but did not attend.
📌 Sources tell me the meeting consisted of almost 90 minutes of substantive discussion and debate, much of it focused on the Blockchain Regulatory Certainty Act (BRCA).
📌 Potential solutions to strengthen crypto crime reporting and enforcement tools were also discussed as lawmakers and stakeholders continue working to build support for the legislation.
Ultimately, these groups will need to signal to Democratic senators like
@CortezMasto and
@MarkWarner that they are not opposed to the bill’s parameters, including the BRCA, to secure their votes on the floor.