A dispute between U.S. banking leaders and White House officials has intensified over the CLARITY Act, jeopardizing its passage in 2026. Texas banker Christopher Williston VI warned that compromises on stablecoin reward limits could harm local economies, while White House advisor Patrick Witt cautioned that refusing such limits could lead to catastrophic risks. The debate centers on yield-bearing stablecoins and their potential impact on traditional banks. The political gridlock and geopolitical tensions have raised concerns about delays in crypto regulation.