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Diana
Diana@InvestWithD·
🚨UPDATE: Banking Group Says New CLARITY Act Text STILL Fails On Deposit Flight — Urging Employees To CALL Sen. Tillis’ Office 🤯🇺🇸🔥 According to a new report from @EleanorTerrett, the North Carolina Bankers Association has been URGING member BANKS to weigh in DIRECTLY with @SenThomTillis’s office over the stablecoin yield fight. 😳 The group reportedly argues the current compromise language does NOT SOLVE the CORE ISSUE of DEPOSIT FLIGHT into stablecoins. ❌ @NCBankers allegedly circulated a PRE-WRITTEN SCRIPT for employees to use when calling Tillis’s office. 👀 That script pushes for what it describes as an AIRTIGHT BAN on INTEREST or YIELD-like payments tied to payment stablecoins. 😳 According to the report, employees were also told they do NOT need to debate or defend the position… just deliver the message and hang up. 😵 Banks are trying EVERYTHING to STOP CRYPTO at the last minute, but they WON'T SUCCEED. 🔥
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Diana@InvestWithD

🚨UPDATE: CLARITY Act Markup DELAYED To Possible NEXT WEEK — Fed Chair Nomination TOOK PRIORITY 🤯🇺🇸🔥 The CLARITY Act just hit another DELAY — as Senate focus shifts to the upcoming Fed Chair nomination hearing on Tuesday for Kevin Warsh. 👀 Instead of moving forward NOW, the @BankingGOP markup is now expected to SLIP to the FINAL WEEK OF APRIL (27th) — or even EARLY MAY. 😳 This comes after Chairman @SenatorTimScott’s latest schedule did NOT include the CLARITY Act — sparking concerns the bill could stall. ⚠️ 👉 Senators still have 6–7 WEEKS to move the bill 👉 The REAL deadline pressure starts AFTER Memorial Day 👉 And key negotiations are still ACTIVE behind closed doors Senator @SenThomTillis is also EXPECTED to RELEASE the CLARITY Act compromise text THIS WEEK. 👀 More to come. I'll update.

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IvoryPython
IvoryPython@Ivory_Python·
@InvestWithD @EleanorTerrett Horse carriage manufacturers had to evolve too. It wouldn't have been fair to just kill the automobile industry for the sake of the horse carriage lobbyists.
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