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Stablecoin Proposal Still 'Falls Short' Of Protecting Bank Deposits: US Banks Say
Stablecoin Proposal Still 'Falls Short' Of Protecting Bank Deposits: US Banks Say
Authored by Brayden Lindrea via CoinTelegraph,.com,
America’s largest banking groups said they remain dissatisfied with the CLARITY Act’s newly proposed language on stablecoin yield, arguing that it fails to protect bank deposits.
In a statement Monday, the bankers acknowledged that US Senators Thom Tillis and Angela Alsobrooks are “seeking to achieve the correct policy goal” in prohibiting stablecoin yield but noted that the CLARITY Act’s “proposed language” currently “falls short of that goal.”
“It is imperative that Congress get this right,” the American...
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CBS News Announces Fresh Round Of Layoffs As Bari Weiss Buzzsaw Continues
CBS News Announces Fresh Round Of Layoffs As Bari Weiss Buzzsaw Continues
After paying Bari Weiss $150 million for The Free Press and hiring her to run their newsroom, CBS News announced a fresh round of layoffs on Friday which will affect over 60 jobs, or 6% of the news division, according to the NY Times.
Bari Weiss
"Certain parts of this newsroom need to get smaller in order for us to make room for the things that we need to build to remain competitive in the future," said Weiss, who entered the scene last October, during...
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Feb 16, 2026 / Jason Ditz
Israeli Strikes Kill at Least Five in Southern, Eastern Lebanon
A flurry of Israeli strikes targeted southern and eastern Lebanon on Sunday night and Monday, killing at least five people. Four of the slain were reportedly members of Palestinian Islamic Jihad, and were killed near the Lebanon-Syria border. The IDF declared them terrorists who were operating in the Majdal Anjar area, near Masna. The four […]
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