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Warren Davidson: “Banks are essentially building momentum to even [ban…”

Featuring: Warren Davidson, Republican | U.S. House Ohio, 8th Congressional District

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CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW

Published | Video Starts at 06:54

But they could offer rewards. You know, some sort of sort of like a credit card rewards program. You could have incentives for doing it. Now Banks are essentially building momentum to even [ban rewards]. that. That's one of the controversial things the Senate Banking Committee's weighing is limiting the ability for stablecoin issuers who aren't banks to pay interest. Think about the advantage banks already have. (06:54–06:58)

CLAIM

Asserts that banks are pushing to ban rewards for stablecoin issuers.

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