Senator Moreno Vows to ‘Break the Cartel’ as Banks Panic Over CLARITY Act Stablecoin Yields
Senator Bernie Moreno on Monday accused the U.S. banking lobby of full panic mode over CLARITY Act stablecoin yields. The American Bankers Association is urging bank CEOs to pressure senators against the provisions. The Ohio Republican sits on the Senate Banking Committee. He published the criticism on X ahead of Thursday’s CLARITY Act markup. ABA...
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