PANews reported on January 17th that, according to reporter Eleanor Terrett, a source close to the Trump administration revealed that the White House is considering completely withdrawing its support for the cryptocurrency market structure bill if Coinbase does not present a yield agreement that satisfies banks and reaches a consensus among all parties. The White House is furious about Coinbase's "unilateral" action on Wednesday, which apparently went unnoticed. The White House called the move "disloyal" to both the White House and the entire industry. The source also stated that the White House believes one company cannot represent the entire industry. "Ultimately, this is President Trump's bill, not Brian Armstrong's."