• Key insight: Senate Banking Committee Democrats put forward a bill that would ban bank regulators from approving bank charters for entities connected to the president. 
• Forward look: While the bill has no chance of passage in this Congress, its cosigners show that Democratic sentiment toward President Donald Trump’s ethics considerations related to crypto and banking is hardening. 
• What’s at stake: Bankers want the CLARITY market structure bill to pass in general terms, but have lobbied hard for stricter language banning stablecoin firms from offering yield-like products. 

WASHINGTON — Lead Democratic negotiators have signed onto a bill that would ban bank regulators from approving charter applications closely linked to the…