Trump said the White House would not allow banking lobby groups to derail the Digital Asset Market Clarity Act, also referred to as the CLARITY Act, during a private event for TRUMP meme coin holders at Mar-a-Lago in Florida. A White House-linked official separately warned that delaying the bill could benefit China by keeping U.S. crypto regulation unsettled. The reports link the legislation to both domestic banking resistance, including concerns that stablecoin adoption could shift up to $6.6 trillion in bank deposits, and broader competition over digital asset policy, investment, and innovation.