Discover and read the best of Twitter Threads about #PublicBankingAct

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I'm thrilled to share the announcement of @RashidaTlaib's new "Stablecoin Tethering & Bank Licensing Enforcement (STABLE) Act", (#STABLEAct) cosponsored by @ChuyForCongress & Chair of the House Financial Services Committee's Fintech Task Force, @RepLynch.

tlaib.house.gov/media/press-re…
The full text can be found here:

tlaib.house.gov/sites/tlaib.ho…

A big shoutout to @RaulACarrillo & @jason_vtf, who also worked on the bill, & most of all, to the fantastic @chastitycmurphy, who has led the effort on this & other fintech bills such as the #ABCAct and #PublicBankingAct.
A big thanks also to @RealBankReform, @ConsumerReports, and @LPE_Project for their endorsement and input on the bill. This is a complex and technical area of financial regulation, and it's critical to ensure consumer voices and interests are represented in the lawmaking process.
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