Trump says banks are trying to block the CLARITY Act to stop Americans from earning 4% to 5% on stablecoins, as bitcoin rebounds and fear stays elevated.
Trump-backed crypto market structure legislation is still stuck in Senate talks over stablecoin yield, after the House passed the CLARITY Act and negotiators postponed the next markup.
Senate Banking GOP delays US crypto market structure bill to late Feb or March, Bloomberg says, as housing takes priority under Trump’s affordability push.