WASHINGTON, May 14 -- Sen. Catherine Cortez Masto issued the following press release:
Senator Cortez Masto released the following statement after voting against moving the current version of the CLARITY Act out of the Senate Banking, Housing, and Urban Affairs Committee.
"It's clear we need to pass market structure legislation, and I've worked for months with colleagues on both sides of the aisle to negotiate a bill that provides clear rules of the road for a growing industry. But the current version of the CLARITY Act undermines law enforcement's ability to trace illicit finance and recover victims' money, while at the same time creating a more challenging environment to prosecute criminals for knowingly transmitting illicit funds," said...