Senate Pushes Back on Bankman‑Fried’s Clarity Act Endorsement

Former FTX CEO Sam Bankman‑Fried publicly endorsed the Clarity Act while serving a 25‑year prison sentence, prompting bipartisan pushback from senators who said his support should not drive policy decisions ^[1].

Senator Cynthia Lummis said her bill differs from the proposal Bankman‑Fried backed in 2022, and Senator Elizabeth Warren said the endorsement should raise concerns about the legislation; the Senate continues to debate crypto market structure and stablecoin oversight rules ^[1].

Separately, SBF is pursuing post‑conviction legal options: a judge set a deadline for federal prosecutors to respond to his pro se motion for a new trial, even as an appeal remains pending in the Second Circuit, and the White House has indicated it will not consider a presidential pardon ^[2][3][4].

Senators from both parties publicly rejected Bankman‑Fried’s endorsement, leaving the Clarity Act debate focused on legislative details and oversight questions rather than endorsements from the convicted ex‑executive ^[1].