U.S. lawmakers had been engaged this week in serious conversations about whether to jam a stablecoin regulation amendment onto the Federal Aviation Administration reauthorization legislation, which is approaching a deadline. Such efforts to use that bill for other business were rebuffed by leaders favoring a so-called clean bill, so the leading stablecoin negotiation between House Financial Services Committee Chair Patrick McHenry (R-N.C.) and its top Democrat, Rep. Maxine Waters (D-Calif.), will return to talks on a final deal, said the aide, who requested anonymity because the negotiations aren’t public.
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- Source: https://www.coindesk.com/policy/2024/04/30/stablecoin-bill-unlikely-to-get-pinned-to-faa-reauthorization-putting-effort-on-hold-again/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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