The National Fraternal Order of Police has thrown its support behind the CLARITY Act, a major crypto bill that has been stalled in Congress. The union, which initially opposed the legislation's DeFi provision, announced its endorsement this week, giving the bill a key ally. Crypto advocacy groups are pushing for a vote, but Republicans have yet to reach a bipartisan deal, and opposition still threatens the bill's prospects.
FOP's about-face on DeFi rules
The FOP's shift is notable. The union had previously objected to the DeFi provision in the CLARITY Act, arguing it could create loopholes for illicit finance. But after what the group described as a review of the bill's broader law enforcement tools, the FOP declared its support. The endorsement adds a powerful voice to the crypto industry's push for the legislation, which aims to provide a regulatory framework for digital assets.
Crypto lobby keeps pressure on
Industry groups have been lobbying hard for the CLARITY Act, seeing it as a rare chance to get clear rules from Congress. The FOP's backing could help sway undecided lawmakers, especially those who prioritize law enforcement perspectives. But the bill still faces headwinds. Several key Republicans have not signed on, and without a bipartisan deal, the legislation can't move forward in the current session.
Bipartisan deal still elusive
Republican leaders have not yet reached an agreement with Democrats on the bill's language. The DeFi provision remains a sticking point for some, and other provisions have drawn criticism from both sides. The FOP's endorsement may give the bill momentum, but it doesn't solve the political math. The next step is for House leadership to schedule a markup or a floor vote — but no date has been set. Until a bipartisan deal is struck, the CLARITY Act's fate hangs in the balance.
