Cedar Innovation Foundation Launches 7-Figure Clarity Act Ad Blitz as Sept. 15 Senate Vote Nears
Updated
Updated · Punchbowl News · Sep 8
Cedar Innovation Foundation Launches 7-Figure Clarity Act Ad Blitz as Sept. 15 Senate Vote Nears
3 articles · Updated · Punchbowl News · Sep 8
Summary
A crypto-linked 501(c)(4) tied to Fairshake will roll out three national cable ads in coming days to bolster the Clarity Act ahead of the Senate’s initial Sept. 15 vote.
Two spots promote the bill as bipartisan crypto market-structure reform, citing backing from AARP, the National Fraternal Order of Police, Major Cities Chiefs Association and NOBLE.
The third ad targets banks, accusing them of using Washington lobbyists to block competition and protect profits after months of industry opposition slowed the bill’s progress.
That banking pushback has centered especially on fears that stablecoin yield products could drain deposit funding from smaller lenders, making the ad campaign part of a broader fight over crypto regulation.