American Banker·6 min read

New crypto bill looks at stablecoin yield, but passage still unlikely

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Claire Williams, John Heltman
New crypto bill looks at stablecoin yield, but passage still unlikely
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Cryptocurrency New crypto bill looks at stablecoin yield, but passage still unlikely By Claire Williams CloseText About Claire twitter byclairew and John Heltman CloseText About John twitter JohnHeltman mailto john.heltman@arizent.com linkedin john-heltman-84b6b4a Published September 14, 2026, 11:27 a.m. EDT | Updated September 14, 2026, 2:25 p.m. EDT 5 Min Read Facebook Twitter LinkedIn Email Senate majority leader John Thune, above, could look to expedite the bill or withdraw the cloture motion if he wants to avoid a vote. Bloomberg News Key insight: Republicans' new text gives state attorneys general enforcement power over bans on federal officials owning crypto interests, but also puts up roadblocks to enforcement and lets federal officials put existing assets into a blind trust. Forward look: The package can go up for a procedural vote on Tuesday afternoon.

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