13 min listen
A Crypto Ally as Top US Bank Regulator?
FromThe Breakdown
ratings:
Length:
15 minutes
Released:
Nov 20, 2020
Format:
Podcast episode
Description
Today on the Brief: Markets fight to remain optimistic Jobless claims rise for the first time in five weeks China borrows at negative rates for the first time Our main discussion: a crypto ally as top bank regulator? Brian Brooks was an executive at Coinbase when he was tapped by Treasury Secretary Steve Mnuchin to be the number two at the Office of the Comptroller of the Currency, the nation’s main bank regulator. Within two months he was acting Comptroller and now Brooks has been nominated for a full term. In his short tenure, he has given banks the OK to provide custody of crypto and banking services to stablecoin issuers. In so doing, he has aroused the ire of congressional Democrats, who have accused him of acting too quickly and unilaterally on crypto. In this discussion, NLW breaks down Brooks’ time at the OCC and asks whether he’s likely to be confirmed before the next administration early next year.
Released:
Nov 20, 2020
Format:
Podcast episode
Titles in the series (100)
Crypto Daily 3@3 - 7.10 | Alt Season Dreams & Nightmares | New Crypto Funding | Mr. Libra Goes To Washington: We discuss: 1) the chatter around a potential alt season and what makes things different this time around; 2) new financing that shows where crypto investors heads are at (hint: infrastructure not apps); 3) the latest salvos between Libra and... by The Breakdown