The Trump administration is stepping up efforts to persuade Senate Republicans to support the CLARITY Act in Tuesday’s procedural vote. The White House Council of Economic Advisers plans to launch an interactive tool allowing users to simulate the growth of stablecoins and changes in community bank deposits. It reaffirms its previous conclusion that available data does not support the claim that stablecoin expansion will trigger large-scale deposit outflows from community banks. Some Republican senators still have reservations about the stablecoin yield clause, while several Democrats argue that the latest version’s government ethics safeguards are insufficient.