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Capitol Account

Is Anybody Listening? Banks Push Back on Stablecoins as Policy Makers Praise Crypto Industry

Bowman, Atkins and Scott travel to Jackson Hole for digital assets showcase; SEC chief joins Truth Social

Aug 19, 2025
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[Note to Readers: Capitol Account is returning after a two-week break. The newsletter will be on a late summer schedule, publishing Tuesday through Thursday, until Labor Day.]

It hasn’t been a quiet summer for the banking industry, which in recent weeks has had to contend with a presidential executive order on “unlawful debanking” and legal setbacks on r…

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