Stablecoin Interest Report Sparks Fiery Demand: GOP Lawmakers Pressure White House for Transparency
Witt was targeted by Republican committee members who demanded he authorize the public release of a confidential CEA analysis on stablecoins.

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Witt was targeted by Republican committee members who demanded he authorize the public release of a confidential CEA analysis on stablecoins.

Republican senators are pressuring the White House to release a confidential report on stablecoin interest rates, fearing high-yield digital assets could destabilize traditional banking as the bipartisan CLARITY Act gains momentum.
Senate Banking Committee member and bill negotiator
Lummis's version of this story ↗Former Federal Reserve Governor
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