Washington, June 7 (IANS) Senior US banking regulators defended efforts to ease some post-crisis regulations and implement new rules for stablecoins during a contentious congressional hearing, while Democratic lawmakers warned that the changes could weaken safeguards designed to prevent future financial crises.The debate unfolded before the House Financial Services Committee this week as senior officials from the Federal Reserve, the Office of the Comptroller of the Currency (OCC), the Federal D…
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