Why Did Some Democrats Vote No on Stablecoin Bill?

From Bloomberg Markets and Finance.

Rep. Brad Sherman (D) California shares his thoughts on why he voted no on the Genius Act, and whether or not he is frustrated with his Democratic colleagues who agreed with the legislation. He also discusses President Trump pressuring the Federal Reserve to cut interest rates and who he thinks could be the next potential Fed Chair. Representative Sherman speaks with Kailey Leinz and Tyler Kendall on the late edition of Bloomberg’s “Balance of Power.”
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