Citigroup Chief Executive Officer Jane Fraser said she wants the U.S. CLARITY Act to become law, while continuing to seek changes she says would support the safe adoption of digital assets. The bill, which would set a federal market structure framework for digital assets and clarify oversight between the Securities and Exchange Commission and Commodity Futures Trading Commission, missed a vote before lawmakers left for recess and is now expected to return in September. Stablecoin reward rules remain a central fault line, with banks arguing that allowing crypto firms to pay yield on stablecoin balances could draw deposits away from the banking system, especially from smaller banks. Earlier friction over ethics provisions also helped stall the bill, while some market commentary said the odds of passage before the midterm elections remain relatively low.