Although not really related to Bitcoin, I think the fight over the CLARITY (ie. market structure) bill is going to be telling.

The basic war is entrenched commercial banks want to prohibit stablecoins from paying dividends to holders....if they get their way (and Trump doesn't intercede), then I think it signals a net negative for Bitcoin, since it shows that legacy banks are still firmly in control of US policy.

Its something like a canary test....