My “No” Vote on the CLARITY Act is to Protect Missouri Farmers – Josh Hawley

• Josh Hawley was one of four Republican Senators who voted against the CLARITY Act.
• Hawley claims his “no” vote on the bill was aimed at protecting farmers in Missouri.
• The CEA report nullifies Hawley’s claims about a stablecoin yield threat to small banks.

Republican US Senator Josh Hawley was among those who voted against the CLARITY Act, which failed to pass into law on September 15. The Senator representing Missouri said he voted against the bill because of its potential consequences for farmers in his state. Hawley was among four Republican Senators who voted against the bill

Senator Hawley’s Reason for Voting Against CLARITY Act

Speaking to reporters, the Senator said farmers are concerned about getting loans from small-town banks. Hawley noted that the farmers believe passing the bill will trigger investors to leave those banks and chase yields ava…

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