Regulation· ★★★· neutral·

US Treasury's Luke Pettit to leave next month, worked on GENIUS Act

  • —Pettit will leave the US Treasury in October for the private sector
  • —He led the Trump Accounts children's savings program
  • —He worked on the GENIUS Act and CLARITY Act
Why it matters: The departure of a key official on crypto legislation could slow progress on the GENIUS Act and CLARITY Act.
Source: PANews