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What Election Surprises, Crypto Chaos and Twitter Meltdown Mean for Bankers
What Election Surprises, Crypto Chaos and Twitter Meltdown Mean for Bankers
ratings:
Length:
53 minutes
Released:
Nov 15, 2022
Format:
Podcast episode
Description
It’s been another hectic week in the financial regulatory world, with Democrats unexpectedly outperforming in the midterm elections while separately another crypto meltdown ensued. But what will this mean for bankers? John Heltman, the Washington Bureau Chief of American Banker, and Brendan Pedersen, the financial services reporter for PunchBowl News, provide analysis on Democrats keeping the Senate, Rep. Patrick McHenry as the likely chairman of House Financial Services Committee, and whether the crypto news adds momentum to a stablecoin bill. They also discuss Twitter's nascent plans to become a payments company and offer money market products.
Released:
Nov 15, 2022
Format:
Podcast episode
Titles in the series (100)
Why Bankers Need to Pay Attention to CBDCs—Or Else: James Reuter, the CEO and President of $26.7 billion-asset FirstBank in Lakewood, Co., believes bankers had better wake up to the debate over a U.S. central bank digital currency before it’s too late. He argues that the Fed is almost certain to act, but by Banking with Interest