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Warren, Merkley Seek Records on $2 Billion Trump Stablecoin Deal From UAE Firm and Binance
June 12, 2025
WASHINGTON, June 12 -- Sen. Elizabeth Warren, D-Massachusetts, ranking member of the Senate Banking, Housing and Urban Affairs Committee, issued the following news release:

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Warren, Merkley Seek Records on $2 Billion Trump Stablecoin Deal from UAE Firm and Binance

"Like officials at WLF, we support efforts to promote the U.S. dollar. We do not, however, see use of USD1--an instrument that conveniently lines the pockets of the sitting U.S. Presiden . . .

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