🚨🚨 There's still work to be done on the ClARITY ACT according to Senator Josh Hawley
Senator @HawleyMO was one of three Republican no votes this week. Hawley is concerned smaller local banks risk losing depositors to chase the stable coin yields that will be allowed under the bill.
Hawley supports the bill, but has language ready to put in place for small banks that his constituents rely on (particularly farmers)
#CLARITYAct
#BOJRaisesRatesTo31YearHigh
#BuffettStepsDownAsBerkshireChairman
#BTCBreaks80K
#HKCompletesFirstHKDStablecoinUseCase
$BTC
Senator @HawleyMO was one of three Republican no votes this week. Hawley is concerned smaller local banks risk losing depositors to chase the stable coin yields that will be allowed under the bill.
Hawley supports the bill, but has language ready to put in place for small banks that his constituents rely on (particularly farmers)
#CLARITYAct
#BOJRaisesRatesTo31YearHigh
#BuffettStepsDownAsBerkshireChairman
#BTCBreaks80K
#HKCompletesFirstHKDStablecoinUseCase
$BTC
