As the U.S. midterm elections approach, the White House is pushing for the Cryptocurrency Market Structure Act.

Mars Finance reports that, according to The Hill, the White House appears to be eager to push for a resolution to the dispute between the banking industry and the crypto industry—a conflict that has been obstructing the Senate’s negotiations on the proposed legislation since this year. Key officials inside and outside the U.S. government—ranging from Treasury Secretary Scott Bessent to White House crypto adviser Patrick Witte, and to former head of AI and crypto affairs David Sachs—have recently all called for the bill to pass. At the same time, the Economic Advisory Council released a report rebutting the banking industry’s related concerns. However, it is still unclear whether the White House’s push is enough to overcome the problems plaguing the bill—problems that are not limited to the narrow industry disputes that have dominated discussions over the past three months. Christopher Nible, senior research analyst at Beacon Policy Advisors, said in an interview: “From a timing perspective, their judgment is reasonable—if Congress has the opportunity to push the Market Structure Bill through, then this is the time.”