The White House's Unwillingness to Compromise

The bill has written provides for state licensing of stablecoin issuers with more distance final oversight from the Federal Reserve. This however has been viewed as too much of a risk to financial stability for Democrat leadership. On top of that, a more niche disagreement surrounded the privacy of self-hosted wallets. Some Democrat members have expressed the desire for some form of KYC to be forced upon individuals choosing to hold their own coins. A comic Henry instructed the committee to, quote, "'lower the decibels,' noting that the bill had already seen significant delays. The marathon, 12-hour hearing, continued well into the night at a crawling pace. At one stage, members began taking the opportunity