Patrick Witt, Executive Director of the White House Digital Asset Advisory Council, stated that the White House is pushing for the passage of the Digital Asset Market Clarity Act by July 4, with the Senate Banking Committee expected to advance consideration this month and four Senate work periods scheduled in June to facilitate a full chamber vote. Patrick Witt also noted that disputes surrounding stablecoin yield provisions have largely been resolved, with the current proposal prohibiting stablecoin yields similar to bank deposit interest but permitting reward mechanisms tied to consumer behavior; additionally, the White House is negotiating conflict-of-interest provisions applicable to all government officials, rather than targeting specific politicians or their families. (CoinDesk) https://t.co/sRQQfvSRcV