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The AFL-CIO, the largest labor union federation in the United States, opposed the Senate version of the CLARITY Act in a letter to senators, saying the bill could push digital assets into retirement accounts such as pension plans and 401(k)s, and into the broader financial system, in a context of insufficient regulation. CryptoSlate noted that the CLARITY Act itself does not directly require pension funds to purchase crypto assets, but it could make it easier for related products to be included in retirement plan assessments by clearly defining the classification of digital assets and market rules. (CryptoSlate)