The head of the American Bankers Association, Rob Nichols, urged banks to work with senators to revise the bill due to the extensive powers regarding stablecoin yields. Democrat Jack Reed proposed about 20 amendments. He calls for the definition of yield to be changed from "equivalent to interest on bank deposits" to "substantially similar to the method of paying interest." Reed also demands the removal of references that developers are not custodians of funds and do not engage in money transfers. Democrat Chris Van Hollen wants to prohibit the president, vice president, officials, and their families from owning or promoting digital assets. At the same time, Elizabeth Warren insists on banning the Federal Reserve from opening main accounts for uninsured deposit institutions that work with cryptocurrencies. In contrast, Republicans demand that the Federal Reserve be banned from issuing CBDC.