The Clarity Act, originally scheduled for consideration in the week of April 27, may be postponed until May.

CoinFeed reported on April 20th that, according to Crypto in America, the U.S. Senate Banking Committee is in the midst of a crucial week of negotiations regarding stablecoin legislation under the Clarity Act. The bill's review, originally scheduled for the week of April 27th, may be postponed to May due to lobbying from the banking industry. Banking lobbying groups, including the North Carolina Bankers Association, are focusing their pressure on Senator Thom Tillis's office to reassess the stablecoin yield limits in the current draft bill. The compromise reached between Tillis and Angela Alsobrooks, previously spearheaded by Tillis and Angela Alsobrooks, has only been shown to a small number of industry representatives, and the text has not yet been made public.