Why the Clarity Act's Failure Matters Less Than You Think

Rebecca Rettig, COO and chief legal officer of Jito Labs, joins Scarlet Fu and James Seyffart on "Bloomberg Crypto" to discuss crypto's role in the 2026 U.S. midterm elections and how recent regulatory innovation exemptions have lessened the impact of the Clarity Act failing. In this conversation, Rettig explains why the legislative setback may not carry the weight many expected, pointing to regulatory exemptions that have softened the blow for the industry. The discussion also examines how crypto policy is shaping up as a political issue ahead of the midterms. The segment offers insight into the intersection of crypto regulation, electoral politics, and the practical effects of recent regulatory moves on the digital asset sector.