Sen. Brown: New Financial Technology Must Play by Existing Rules
November 02, 2021
November 02, 2021
WASHINGTON, Nov. 2 -- Sen. Sherrod Brown, D-Ohio, issued the following statement:
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Sen. Sherrod Brown (D-OH), Chair of the Senate Banking, Housing, and Urban Affairs Committee, issued the following statement after the Presidential Working Group on Financial Markets released their new report on stablecoins:
"Today's Presidential Working Group report highlights the risks that the rapid growth of stablecoins present to families and the economy. . . .
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Sen. Sherrod Brown (D-OH), Chair of the Senate Banking, Housing, and Urban Affairs Committee, issued the following statement after the Presidential Working Group on Financial Markets released their new report on stablecoins:
"Today's Presidential Working Group report highlights the risks that the rapid growth of stablecoins present to families and the economy. . . .