[Controversy Over the CLARITY Act Intensifies: White House Crypto Official Refutes Claims That Stablecoin Rewards Cause Bank Deposit Outflows] According to a report by Jinse Finance, discussions surrounding the U.S. 'CLARITY Act' have sparked a public debate between the banking industry and White House crypto policy officials. Christopher Williston VI, President of the Independent Bankers Association of Texas, publicly stated on the X platform that any compromise by the banking industry on this act would harm local lending and economic productivity, asserting that they would not back down on issues related to liquidity supporting the local economy. In response, Patrick Witt, Executive Director of the White House Digital Assets Advisory Council, argued that refusing to make any compromises on the CLARITY Act would mean not imposing restrictions on stablecoin rewards provided by intermediaries. If the banking industry's claims about 'deposit outflows' were accurate, such a scenario could lead to catastrophic consequences. He likened this logic to 'watching an arsonist threaten to burn down their own house.'