US Hispanic Chamber of Commerce Sends Letter to Senate Opposing CLARITY Act, Warns It May Accelerate Deposit Outflows

TechFlow news, July 23, according to reporter Eleanor Terrett (@EleanorTerrett), the U.S. Hispanic Chamber of Commerce (USHCC), representing millions of Hispanic business owners nationwide, wrote to Senate leaders this week to express concerns about the "Clarity Act," believing the bill could accelerate deposit outflows, thereby reducing loan support for Hispanic small businesses and weakening investment in underserved communities.