Jamie Dimon criticizes Brian Armstrong over clarity act

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JPMorgan Chase CEO Jamie Dimon sharply criticized Coinbase CEO Brian Armstrong on Friday over provisions in the Digital Asset Market Clarity Act. Dimon warned that the bill's approach to stablecoin rewards could lead to failure without stronger bank-style protections.

In an interview with Maria Bartiromo on Fox Business, Dimon said the current draft allows stablecoin issuers to pay interest on deposits without required safeguards. He stated that banks will not accept the framework and predicted it would eventually blow up if unchanged.

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David Solomon endorsing the CLARITY Act at the Senate podium.
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Goldman Sachs CEO backs CLARITY Act amid Senate delays

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Goldman Sachs CEO David Solomon endorsed the CLARITY Act on July 23 despite opposition from other major banks. Senate leadership indicated the bill is unlikely to pass before the summer recess. White House officials pushed back on that assessment.

Clarity act markup faces ethics and stablecoin hurdles

The Senate Banking Committee plans to mark up the CLARITY Act next week, but Democratic demands for conflict-of-interest rules and banking opposition to stablecoin rewards threaten to derail the effort. Negotiators reached a compromise on stablecoin yields earlier this month, yet banks argue the language still permits evasion. A long-delayed vote on the bill, which aims to clarify digital asset oversight between the SEC and CFTC, now hangs in the balance.

Ripple CEO says crypto market structure bill not a done deal

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Ripple Labs CEO Brad Garlinghouse stated that the U.S. Senate's crypto market structure bill, known as the Clarity Act, remains uncertain despite a recent stablecoin compromise. Speaking at Consensus 2026 in Miami Beach, he emphasized that a Senate Banking Committee hearing this month is crucial for its advancement. Without it in the next two weeks, the bill's chances could drop sharply.

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Crypto

Senate banking committee sets clarity act markup for may 14

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Senate Pushes Clarity Act for July Vote Amid Shrinking Calendar

Democrats oppose Clarity Act amid Trump crypto ethics concerns

Democratic senators are preparing to publicly oppose the crypto market structure bill known as the Clarity Act, citing its failure to address conflicts of interest tied to President Donald Trump's holdings. The move comes as negotiations on an ethics provision remain unresolved with time running short in the Senate. Trump has urged passage of the bill despite the impasse.

Coinbase adviser forecasts May CLARITY Act markup, June floor timeline

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A Coinbase executive and crypto adviser predict the Senate Banking Committee will hold its markup on the Digital Asset Market Clarity Act this month, leaving time for a potential Senate floor vote in June as lawmakers target July 4 passage.

2026년 05월 14일 07시 52분

Senate banking committee advances crypto clarity act

2026년 05월 12일 07시 34분

Senate banking committee releases clarity act draft

2026년 05월 11일 18시 40분

Senate banking committee to markup clarity act thursday amid stablecoin dispute

2026년 05월 06일 07시 54분

Senate banking committee to mark up clarity act next week

2026년 05월 04일 15시 06분

Clarity Act stablecoin compromise boosts crypto markets ahead of markup

2026년 05월 02일 10시 39분

Senators release CLARITY Act compromise on stablecoin yields

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