"JPMorgan Chase CEO Jamie Dimon warned that banks will fight Senate language in the CLARITY Act that allows crypto reward programs, pressing the dispute into a tighter congressional timetable ahead of the Senate's August 7, 2026 recess. Section 404 would ban passive stablecoin yield but permit activity-based rewards, forcing lawmakers to decide whether to keep or tighten stablecoin yield rules and creating regulatory uncertainty for stablecoin issuers, DeFi protocols and exchange reward products."