[Five Major U.S. Labor Unions Urge Senate to Reject the CLARITY Act Before Thursday Vote] According to Cryptopolitan, five major U.S. labor unions sent a letter to senators ahead of the Senate Banking Committee's vote on Thursday, urging opposition to the CLARITY Act. These unions, representing tens of millions of public and private sector workers, warned that the bill would expose workers' retirement savings and public pensions to the volatility of cryptocurrencies. Organizations such as AFL-CIO stated that embedding cryptocurrencies into the real economy would create instability, leaving ordinary workers to bear the losses. The American Bankers Association had previously expressed opposition, arguing that the bill would "unnecessarily incentivize bank deposit outflows." Meanwhile, Coinbase and Strategy Executive Chairman Michael Saylor have voiced support for the bill. The Senate Banking Committee is set to review the legislation on Thursday, with uncertainty remaining over whether Democrats will vote in favor. Ethical and conflict-of-interest provisions remain key obstacles.