Major U.S. labor unions, including the AFL-CIO and SEIU, are urging senators to oppose the Digital Asset Market Clarity Act ahead of a critical Senate Banking Committee vote. The unions argue that the bill lacks necessary safeguards and could endanger worker pensions by legitimizing volatile cryptocurrencies, potentially diverting funds from traditional investments. The opposition from labor unions presents a significant challenge to the passage of the CLARITY Act, which aims to enhance CFTC oversight and clarify regulations for digital assets. Despite bipartisan efforts, the bill faces scrutiny over its potential impact on financial stability and worker retirement savings. The Senate Banking Committee is set to vote on the bill on May 14, with potential Senate floor consideration as early as June.