
Top U.S. lawmakers and Senate Majority Leader Chuck Schumer are actively discussing the potential for stablecoin reform legislation. The discussions, which also involved House Financial Services Committee Chair McHenry and ranking member Waters, explored using the FAA reauthorization bill as a vehicle for this bipartisan legislation. Additionally, the possibility of including cannabis banking reforms in the same bill was considered. These talks indicate a significant push towards legislating stablecoins, potentially aligning with other financial reforms. Crypto-skeptic Sherrod Brown also suggested incorporating stablecoin, marijuana banking, and executive clawback reforms in next month's FAA reauthorization bill.
A long-delayed bid to write a new law for stablecoins is getting a push from an unexpected lawmaker: crypto-skeptic Sherrod Brown. https://t.co/WC55CDqskV
.@SenSherrodBrown, a crypto-skeptic who runs the influential Senate Banking Committee, is reportedly open to advancing long-sought legislation for stablecoins like $USDT and $USDC. @inkbacker reports https://t.co/vA2waOlRPV
NEW: Sherrod Brown floats a stablecoin/marijuana-banking/back exec clawback Combo Platter, which could fly on next month's FAA reauthorization bill https://t.co/P26Fpmj1Cr








