# Senate Banking Committee

Type: organization

Source: Crypto Intelligence Brief — https://getcryptobrief.com/entity/senate-banking-committee
Canonical HTML page: https://getcryptobrief.com/entity/senate-banking-committee

## Timeline

- **2026-03-08**: Compromise Rejected — Banking lobby officially rejects the White House proposal, leading to a fresh stalemate.
- **2026-03-03**: Trump Ultimatum — President issues public threat to banks via Truth Social.
- **2026-02-28**: Negotiation Deadline — White House deadline for a bank-crypto compromise passes.
- **2026-02-20**: White House Compromise — Administration proposes allowing rewards for P2P payments but not for idle balances.
- **2026-02-03**: Trump Public Criticism — President Trump accuses banks of undermining the 'Crypto Agenda' via Truth Social.
- **2026-01-20**: Markup Postponed — Senate Banking Committee delays the Clarity Act indefinitely.
- **2026-01-15**: Initial Legislative Stall — Clarity Act hits first roadblock as banks object to yield-bearing stablecoin provisions.
- **2025-12-15**: GENIUS Act Signed — President Trump signs the stablecoin framework into law.

## Recent coverage (2 stories)

### Banking Lobby Stalls US Crypto Bill Over Stablecoin Yield Dispute
2026-03-08 00:17:39 · Sentiment: Bearish · Impact: 8/10 · Sources: 2

The landmark Clarity Act has hit a significant legislative hurdle as traditional banking institutions reject a White House-brokered compromise regarding stablecoin rewards. President Trump has publicly criticized the banking sector, accusing lenders of intentionally undermining his administration's "Crypto Agenda" to protect their deposit bases.
Full story: https://getcryptobrief.com/story/banking-lobby-stalls-crypto-bill

### Trump Threatens Banks Over 'Undermining' Stablecoin Yield and Crypto Agenda
2026-03-04 00:30:07 · Sentiment: Neutral · Impact: 8/10 · Sources: 2

President Donald Trump has issued a stern warning to the banking sector, accusing institutions of holding the Clarity Act hostage to protect record profits. The conflict centers on a legislative battle over whether crypto platforms can offer yield on stablecoin deposits, a move banks fear will trigger significant deposit flight.
Full story: https://getcryptobrief.com/story/trump-threatens-banks-crypto-clarity-act

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