Mike

🚨UPDATE: A fresh (and more optimistic) read on where things stand on the yield/rewards issue following today’s GOP market structure meeting, via @SenLummis’ press team: “We’re 99% of the way there on stablecoin yield, and negotiations on the digital asset portions of the bill are in a good place. Senator Lummis believes today’s meeting was very productive and positive. We have heard feedback from colleagues on the need to resolve housing and community banking issues, and Senator Lummis is working hard on that.” On those housing/community banking issues, @Jasper_Goodman reports Senate Banking Republicans are now discussing adding community bank deregulatory provisions to the Clarity Act in exchange for the House accepting the Senate’s housing package in its current form. I also confirmed this idea was brought up in today’s meeting. Link to the @politico story on that below.