5:21am PDT - July 25th, 2023

Big story this AM: Rep. Maxine Waters and the banking lobby are pushing hard against a provision of a GOP-drafted stablecoin bill that limits Fed oversight of state-level nonbank firms. Several bank trades wrote to HFSC with serious concerns last week https://t.co/L7N2tP3yFw https://t.co/lI9n0YFpmC

10 retweets   4 likes  - Brendan Pedersen (@BrendanPedersen)