John E Deaton|12月 13, 2025 00:41
Earlier today, I commented on @bgarlinghouse’s post about @Ripple receiving a National Trust Charter. In his post, the CEO of Ripple referenced the bank lobby - one of the most influential lobbyists in the country. In fact, they were able to stop issuers from providing interest or a yield directly to stablecoin holders in Genius Act.
And look who has a problem with Ripple and the others receiving a Banking Charter and thus, becoming regulatory compliant innovation within the finance sector: the President and CEO of the American Bankers Association - @BankersPrez. 🤔
You want to know who the Bankers love to support: @EdMarkey. The banking industry/financial institutions have been one of his biggest donors. And why wouldn’t he be? After all, Markey bailed the banks out in 2008 - voting to give them $700 billion after their greed caused the Great Financial Crisis. While the banks foreclosed on hard-working Americans the bankers got bonuses at @jpmorgan - @MorganStanley -@BankofAmerica - @WellsFargo - AIG - @GoldmanSachs and others.
I can assure you, the Jamie Dimon’s and Rob Nichols’ of the world will be supporting Ed Markey against me in 2026. In fact, soon, I’ll be releasing a multi-legislative plan and I can assure the banks aren’t going to be very happy about some of the specifics - which means my ideas will be good for consumers.
Help me defeat Ed Markey and put the banks in their rightful place. 👇👇
https://www.johndeatonforsenate.com/(John E Deaton)
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink