Former CFPB Director on GENIUS Act: Would've liked to see much stronger protections for consumers
CNBC Televisionยท2025-07-22 11:50
Passage of the Genius Act to regulate stable coins in this country was a big win for crypto firms. But our next guest warning that the legislation could increase Americans trade deficit and hurt small American businesses. Joining us right now is Rohi Chopra.He's the former director of the Consumer Financial Protection Bureau. Uh tell us uh tell us your your litany or or list of issues that you have with the Genius Act and what you think the true implication is. Well, we all want there to be faster payments. ...