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Trump Prevails in CLARITY Act Dispute as Lawmakers Report Deal

JPMorgan CEO said recently that stablecoin yield firms should face bank-style regulation, even though their business models differ sharply from traditional lenders. The comments drew a public rebuke from President Trump, who complained banks were pushing back and wrote that "The Banks should not be trying to undercut The Genius Act, or hold The Clarity Act hostage". Lawmakers have now reportedly reached an agreement on the CLARITY Act, signaling Trump's position has carried the day in the latest round of debate. Source: DLNews
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