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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 pension plans, 401(k) accounts, and the broader financial system in the absence of adequate 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 evaluations by clearly defining the classification of digital assets and market rules. (CryptoSlate)