Goldman Sachs CEO David Solomon endorsed the Clarity Act, breaking with much of the banking industry as Senate Republicans push the crypto market-structure bill despite mounting opposition over stablecoin yield provisions and ethics concerns.

Coinbase executives reversed their January opposition to endorse the CLARITY Act after banking compromises reshaped the digital asset regulatory bill.

Crypto executives and policy groups called on the Senate to move quickly after Senate Republicans released updated text of the Digital Asset Market Clarity Act on July 22, while…