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A focus for much of the afternoon was the possibility of a stablecoin “bailout” if a large enough company one day failed and presented systemic risks.

HFSC Dems’ price for stablecoin markup is pain

It has been a long day in Rayburn 2128.

As of this hour, House Democrats on the Financial Services Committee continue to present a slog of amendments that Republicans will almost certainly not agree to. But there have been some wrinkles in the meantime that are worth unpacking.

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Presented by Duke Energy

Every day at Duke Energy, we’re focused on keeping prices low and supporting growing energy needs across our footprint. From enabling modern energy infrastructure investments to accelerating technology advancements, our progress will not be slowed.

 

Get the full picture