[Citigroup CEO on the 'Clarity Act': Hasn't Given Up on Pushing for Improvements, Still Hopes the Act Passes] According to The Block, Citigroup CEO Jane Fraser stated in an interview with Fox Business that while she is concerned about how the 'Clarity Act' addresses stablecoin rewards, she believes the legislation would be beneficial overall. 'We haven’t given up on pushing for some improvements to the act, but we hope to see a good bill get passed.' 'I think this would be excellent for the entire system.' Currently, debates on how to handle stablecoin yields are ongoing, and a procedural vote on the act is scheduled for next month.