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Key Democrat Touts Progress on Stablecoin, Marijuana Legislation

From bnnbloomberg.ca

Representative Maxine Waters, the top Democrat on the Financial Services Committee, predicted Wednesday that she and Chairman Patrick McHenry would soon have a deal on legislation regulating stablecoins, and said she’s pushing for marijuana banking legislation as well. “We are on our way to getting a stablecoin bill in the short run,” Waters said in an interview on Bloomberg Television’s “Balance of Power.” Waters, who represents a district south of Los Angeles, added that the legislation that she and McHenry, a North Carolina Republican, have been negotiating for 22 months might need a few more tweaks, but “is going ... (full story)

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