An Open Letter

To: Sen. Alsobrooks, Rep. Harris, Sen. Van Hollen

From: A constituent in Forest Hill, MD

March 12

Vote No on Stable act and Genius Act. Congress is fast-tracking the GENIUS Act and the STABLE Act, two dangerous bills that would let Big Tech and Wall Street create their own stablecoins with minimal oversight. At the same time, crypto executives are actively working to weaken financial regulators and dismantle the Consumer Financial Protection Bureau (CFPB), the very agency that would protect people from payment fraud. These bills also completely fail to protect consumers. Unlike traditional banks, stablecoin issuers would not have to follow longstanding guidelines that ensure banks serve the communities they profit from. Congress must not put our economy in the hands of unregulated tech monopolies and crypto speculators. Vote NO on the GENIUS Act and STABLE Act now

Write to Angela Deneece Alsobrooks or any of your elected officials

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