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Waters Tells Biden to Rescind OCC Crypto Guidance; May Be Part of Anti-Trump, Anti-Crypto Offensive

The head of the House Financial Services Committee wants President-elect Biden to to rescind guidance by the OCC that national banks may hold stablecoin reserves as a service to bank customers.

U.S. Representative Maxine Waters, who chairs the House Financial Services Committee
U.S. Representative Maxine Waters, who chairs the House Financial Services Committee