Banks Block Clarity Act
"Big banks spent a year debating the Clarity Act. They argued, they blocked it a dozen times, they got the exact amendments they asked for. Now that passed the House and the Senate Banking Committee, they're trying to stall the final vote."
ℹ️ In shortBig banks, after a year of debate and securing their requested amendments, are now trying to stall the final vote on the Clarity Act, despite its passage through the House and Senate Banking Committee.
Predictions closed
For informational purposes only. Not investment, financial, legal or tax advice. Full disclaimer
… JPMorgan's Jamie Dimon just lost his on camera over crypto that exposes a massive bank fly. Dimon openly warned that stablecoins are a massive problem and when asked about Coinbase CEO Brian Armstrong, he literally said he's full of Here's the real truth. Big banks spent a year debating the Clarity Act. They argued, they blocked it a dozen times, they got the exact amendments they asked for. Now that passed the House and the Senate Banking Committee, they're trying to stall the final vote. Why? Because for decades big banks have stolen yield from your checking accounts to pump up their own cash flows. They hate stablecoins because they give the yield back to you. Pass the damn Clarity Act. Screw Jamie Dimon. …
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