Sen. Lummis says lawmakers near 99% agreement on stablecoin interest

U.S. Senator Cynthia Lummis of Wyoming has stated that lawmakers have reached nearly 99% agreement on the stablecoin interest provisions of the market structure bill, known as the CLARITY Act. According to Eleanor Terrett, host of "Crypto in America," Lummis described a Republican meeting on the bill held on March 24 as highly productive. She added that negotiations on the crypto-related sections of the legislation are progressing smoothly and that she also heard from colleagues about the need to address issues in housing and regional banking.