Tagged: Bryan Steil

The STABLE Act is Officially Introduced as House Aims to Create Regulated Environment for Stablecoin Issuance

While a draft version of the Stable Act has been in circulation for some time now, the House Financial Services Committee has officially introduced the legislation, which aims to enable a regulated environment for the issuance of stablecoins. While many global jurisdictions are pursuing CBDCs… Read More

Banning Central Bank Digital Currency (CBDC): Representatives Emmer, Steil Introduce Legislation to Block Digital Dollar Issued by Feds

While some countries are hurtling towards issuing a Central Bank Digital Currency (CBDC) it does not appear the US will do the same. Fears of excessive government control and the lure of snooping by the Feds means privacy concerns are trumping any movement for the… Read More

Two Representatives Introduce Resolution Voicing Support for Digital Assets

Representatives Bryan Steil and Dusty Johnson have introduced a House resolution voicing support for digital assets. Digital assets, or crypto, cover a broad range of assets, including digital securities and commodities, stable assets, or assets with other types of value. The Resolution states: Whereas entrepreneurs… Read More

Congressman Slams Rohit Chopra, Welcomes His Exit from CFPB as Bessent Takes Over

This week, Rohit Chopra was booted from the Consumer Financial Protection Bureau (CFPB) and replaced by acting CFPB Director, Secretary of the Treasury Scott Bessent.  The CFPB has been a controversial bureaucracy from its inception, and some supporters of Fintech innovation have chafed at the… Read More

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