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Solari Report
State Leaders Briefings: The CLEAR Act
Consumer Ledger and Electronic Assets Rights Act
with David Liechty and Carolyn Betts
“We’re just at the beginning of the tokenization of all assets, from real estate, to equities, to bonds—across the board.”
~ Larry Fink
State Leaders Briefings: The CLEAR Act
Solari’s monthly online Financial Transaction Freedom briefings are designed to support state legislators, other elected officials, and engaged citizens who are working to preserve American freedoms.
The September 2026 briefing will take place on Thursday, September 10 from 2:00 to 4:00 PM Eastern with attorneys David Liechty and Carolyn Betts. They will introduce and walk through the key provisions of Solari’s latest model legislation, the CLEAR (Consumer Ledger and Electronic Assets Rights) Act. Catherine and Tennessee State Representative Bud Hulsey will also join the panel discussion, emphasizing the importance of states putting protections in place before programmable infrastructure becomes further embedded in the financial system.
Solari’s first go-round with programmable money model legislation, the Consumer Payment Rights and Transparency Act, was designed to put guardrails on the potentially $4 trillion stablecoin market. With growing indications that weaponized distributed ledger technology could take your bank, crypto, and brokerage accounts, the CLEAR Act’s expanded scope aims to put guardrails not just on stablecoins but also stocks, bonds, and bank deposits—a potentially $136 trillion market.
When we conducted a poll among those attending our July 2026 briefing on programmable money scenarios, the take-home message was that, no matter what intentions might be behind the push for programmable money, everyone agrees that legislative guardrails providing consumer and investor protections are essential.
Register to attend the September 10 briefing here.
Note: Solari’s Wrap Up report, Programmable Money: The Time for Guardrails Is Now, provides excellent background reading that can help you understand the risks of programmable money and assets. Solari subscribers can access the PDF here. Programmable Money will be mailed automatically to Digital+Print subscribers after Labor Day in September. Digital-Only subscribers will be able to purchase one or more hard copies at the Solari Shop.
Not a subscriber yet? Visit the Solari Shop to sign up for a subscription and gain access to our quarterly subscriber-only Wrap Ups. Individuals who become Digital+Print subscribers now will automatically receive a copy of Programmable Money in September.
Stay informed: Sign up for regular Financial Transaction Freedom email updates here or for the Solari Weekly Highlights newsletter at the bottom-right of the Solari home page.
Related at Solari
Monthly Briefings (Financial Transaction Freedom website)
Programmable Money: The Time for Guardrails Is Now (PDF – subscriber-only)
Rep. Bud Hulsey on the Programmable Money Bill
Programmable Money: Four Scenarios
Feedback on Programmable Money Scenarios: What Our Poll Results Tell Us
Latest Money & Markets and Ask Catherine
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