US banks mounted a last-minute lobbying push against stablecoin provisions in the CLARITY Act ahead of a Senate procedural vote on the bill.

Punchbowl News reporter Brendan Pedersen wrote on September 14 that American Bankers Association Chief Executive Officer Rob Nichols emailed bank executives across the country and urged them to contact their senators "one more time" before the vote, scheduled for 2:15 p.m. on September 15.

Nichols wrote that the current stablecoin provisions "threaten economic growth."

Banks have continued to oppose the CLARITY Act's stablecoin-related rules. The latest effort amounts to a final pressure campaign targeting lawmakers before the Senate procedural vote that will determine whether the bill moves to formal consideration.