Primrose Investment Group - Stifel

A proposed compromise on the Stablecoin yield issue won the general support of the crypto industry, but the banking sector said, "not enough." This may not improve the CLARITY Act's prospects. The SEC has proposed new rules that would allow publicly traded companies to file reports with the Commission on a semi-annual basis rather than quarterly. As expected, the switch would be voluntary, and we expect that most companies will continue to issue quarterly reports.

Read more in Potomac Perspective: https://livesocial.seismic.com/a9GkiB

In the latest Potomac Perspective from Brian Gardner, Stifel's Chief Washington Policy Strategist, we explain that Trump cannot easily replace Powell until Warsh is confirmed. They also doubt the president can remove Powell as the Federal Open Market Committee Chair.

Read more in Potomac Perspective: https://livesocial.seismic.com/aSyS9T