THIS IS A THREAT TO THE STATUS QUO
Brian Armstrong didn’t dance around it -- banks aren’t pushing back because of “stability.” They’re pushing back because of competition.
The average U.S. savings account pays ~0.14%. Stablecoins can pay ~3.8%, fully reserved, backed by short-term Treasuries. No fractional reserve games.
Armstrong’s point was straightforward: Congress shouldn’t let incumbents tilt the rules to kill challengers.
Set clear rules, let banks and crypto compete & let consumers choose.
That’s exactly why this bill is so contentious. 💯
@CBSNews Too late for any non boomers to come back! Hope you do change so that my Mom can get real news. (She had no idea how bad Biden had gotten until that debate) She is only watching CBS, shameful!
Sedition? Treason? Or 18 U.S.C. § 2387?
Lawmakers didn’t debate a President — they told the U.S. military to question his orders.
That isn’t “politics.” That’s a direct attack on the chain of command.
18 U.S.C. § 2387 exists for one reason: to stop this exact scenario.
Louie Sanchez, candidate for Albuquerque Mayor. He stands out in the ABQ mayor race, 26 years as an APD veteran, a family values Christian and FOP endorsed leader. Learn how he's the strategic choice to bring real change and safety to Albuquerque.
This man says he’s never seen so many stupid liberals in his life. We have a president who will go down in history as America's greatest, boldly challenging the globalist order, fighting to bring jobs back, and prioritizing citizens over illegals. Yet, liberals reject this. They cause chaos in major cities and is why the socialist Democrats are losing support.