TechFlow news, according to Jinshi Data, Federal Reserve Chair Powell said it might make sense to raise interest rates at a more moderate pace. There is a trade-off between the benefits and costs of capital. Our economy benefits from banks of various forms and sizes. We don't want excessive regulation to challenge the operations of small banks.
We are now slowing down. The bank capital proposal has not yet been submitted to the committee for review. Changes to Fed rules must avoid harming small banks. We view stablecoins as a form of money. It would be a mistake to allow stablecoin issues to become a weakness for the Federal Reserve.
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