1. United States
2. Calif.
3. Letter

s traditional banking institutions and everyday consumers. Thank you for your time, consideration, and service to our district. As your constituent, I am writing to urge you to vote against the CLARITY Act (H.R. 3633). While the bill aims to establish a regulatory framework for aps that could jeopardize the broader financial system. I urge you to block the CLARITY Act in its current form and prioritize legislation that safeguard ive deposit flight away from community banks. This loss of local deposits directly harms small-business financing, agricultural credit, and mortgage lend ing in our communities. Furthermore, rushing a complex market-structure overhaul risks undercutting vital investor protections and leaving regulatory g digital assets, I am deeply concerned that the current legislation creates significant risks for financial stability, consumer protection, and local econ omic growth. Specifically, failing to establish rigorous, enforceable boundaries around interest- and yield-bearing stablecoin incentives threatens to dr