U.S. banks reject CLARITY Act stablecoin deal

Ah, the banks are freaking out. This is from Bernie Mareno, who is a senator on the Senate Banking Committee. The banking cartel is in full panic mode.While Americans were celebrating Mother's Day with their families, the CEOs of the American Bankers Association sent a frantic alert to every bank CEO in the country, demanding immediate engagement to lobby senators and kill stable coins that would finally let everyday Americans earn real yields on their own money. Nothing says democracy like calling up the m ...