PANews
PANews|12月 09, 2025 00:36
[CEOs of Bank of America, Wells Fargo, and Citigroup to Meet with U.S. Senators on Thursday to Discuss Crypto Market Legislation] According to Bloomberg, sources revealed that Bank of America Corp. CEO Brian Moynihan, Citigroup CEO Jane Fraser, and Wells Fargo CEO Charlie Scharf plan to meet with bipartisan senators on Thursday to discuss cryptocurrency market legislation that may soon be put to a vote. The discussion, organized by the Financial Services Forum, a coalition of major banks, is expected to focus on bankers' opposition to allowing stablecoins to pay interest, banks' competitiveness in the cryptocurrency sector, and preventing the use of cryptocurrencies for illegal activities. Senators involved in cryptocurrency market structure legislation have been invited to attend the meeting.
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