John E Deaton|Jan 15, 2026 12:09
The fact that this issue is even being debated is a disgrace.
In my announcement speech for U.S. Senate, I stated that we must stop engaging in corporate socialism. I believe in free market capitalism. Congress shouldn't be in the business of protecting bank profits by banning stablecoin rewards. If banks are worried about “deposit flight,” they should offer better products, not lobby the Senate to outlaw the competition’s yield.
Consumers deserve the right to choose the best return for their money, whether it's in a digital wallet or a bank vault.(John E Deaton)
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