The White House is actively working to pass the Digital Asset Market Clarity Act through Congress by July 4, according to Patrick Witt, Executive Director of the White House Digital Asset Advisory Committee. The Senate Banking Committee is expected to advance the bill this month, with a four-week Senate session in June planned for a full vote. Witt noted that disputes over stablecoin yield provisions have been largely resolved, with the current proposal banning stablecoin yields akin to bank deposit interest but allowing rewards linked to consumer activities. Additionally, the White House is negotiating conflict of interest provisions applicable to all government officials, rather than targeting specific political figures or their families.