The American Federation of Teachers (AFT) has expressed concerns over the Responsible Financial Innovation Act, urging the Senate to reconsider the legislation. In a letter dated December 8, AFT President Randi Weingarten highlighted the potential risks to the pensions of 1.8 million members and warned that the bill could precipitate a financial crisis due to inadequate safeguards against fraud in the crypto sector. The bill, co-sponsored by Senators Cynthia Lummis, Bernie Moreno, and Tim Scott, has faced criticism from other organizations, including the AFL-CIO and the Institute of Internal Auditors. These groups argue that the proposed legislation fails to protect consumers and lacks proper governance measures for digital asset exchanges.