The passage of the U.S. CLARITY Act is becoming increasingly difficult. Besides "interest on stablecoins," a second deadlock has emerged—the "legitimacy" issue of the President issuing currency. Regarding the recent "anti-corruption/ethical restrictions" clause proposed by Democratic lawmakers, which bans the President, government officials, and their immediate family members from profiting through cryptocurrencies, White House digital asset advisor @patrickjwitt called it targeted and absurd in a CoinDesk interview yesterday, asserting the need to firmly defend the President's red line against infringement. Legally, Trump has the ability to block the proposal because it requires bipartisan compromise and approval from both houses of Congress, with the President's signature. However, this has a fatal impact on the clear plan. Democratic Senators Elizabeth Warren, Cory Booker, and others have called the anti-corruption clause a "red line," and the White House/Republicans are zero tolerance, preferring to let the bill die rather than compromise. The bill has already missed the January window, and the chances of passing in the first half of the year are very low. The November midterm elections are not favorable for the Republicans, and it might be delayed until the next session! Interview video: