Lawmakers in the United States are ramping up their efforts to introduce a stablecoin bill in the country, and as per a report, two top lawmakers on the House Financial Services Committee met with Majority Leader Chuck Schumer on Thursday to discuss the same. As per a Punchbowl News report, House Financial Services Committee Chairman […]
The post Two US Lawmakers Meet with Majority Leader to Discuss Stablecoin Regulations appeared first on Coin Edition.
- US lawmakers Patrick McHenry and Maxine Waters are pushing for a stablecoin bill.
- The two lawmakers met Majority Leader Chuck Schumer on Thursday.
- There is a possibility of a bill being on the Congress floor before Election Day.
Lawmakers in the United States are ramping up their efforts to introduce a stablecoin bill in the country, and as per a report, two top lawmakers on the House Financial Services Committee met with Majority Leader Chuck Schumer on Thursday to discuss the same.
As per a Punchbowl News report, House Financial Services Committee Chairman Patrick McHenry along with California representative Maxine Waters met with Schumer, discussing “whether the FAA [Federal Aviation Administration] reauthorization could be a potential vehicle for bipartisan legislation.”
McHenry, who is retiring from Congress this year, is focused on the introduction of a bill that would provide digital asset traders and investors some stability while engaging with more volatile assets.
On the other hand, Senator Cynthia Lummis, one of the lawmakers that have been actively pushing for the regulatio…
The post Two US Lawmakers Meet with Majority Leader to Discuss Stablecoin Regulations appeared first on Coin Edition.
