Sen. Brown: Financial Technology Must Play By Existing Rules
November 02, 2021
November 02, 2021
WASHINGTON, Nov. 2 -- Sen. Sherrod Brown, D-Ohio, chairman of the Senate Banking, Housing and Urban Affairs Committee, issued the following statement on Nov. 1, 2021, after the Presidential Working Group on Financial Markets released its report on stablecoins:
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"Today's Presidential Working Group report highlights the risks that the rapid growth of stablecoins present to families and the economy.
"We must work to ensure that any new fina . . .
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"Today's Presidential Working Group report highlights the risks that the rapid growth of stablecoins present to families and the economy.
"We must work to ensure that any new fina . . .