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52 organizations, including the American Bankers Association, jointly call for amendments to the Stablecoin Act (GENIUS Act)
The American Bankers Association and other banking lobby groups, along with 52 banking organizations such as the American Financial Reform Organization (a staunch opponent of Wall Street policy objectives) and the National Consumer Law Center, jointly sent a letter to the leaders of the Senate Banking Committee requesting amendments to the stablecoin bill known as the GENIUS Act.