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Benzinga
Benzinga
Business
Parshwa Turakhiya

Elizabeth Warren Warns GENIUS Act Could 'Blow Up Our Entire Financial System' Without Tougher Rules

Elizabeth Warren Donald Trump United States Mass
Arlington,,Va,-,February,13,,2020:,Senator,Elizabeth,Warren,Speaks

Senator Elizabeth Warren (D-Mass.) is urging the U.S. Treasury Department to strengthen oversight of the new stablecoin law signed by President Donald Trump, warning that the legislation could put consumers and the entire financial system at risk if left unchecked.

Warren Calls GENIUS Act a "Light-Touch" Framework

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