A review of market participant comments towards the Office of the Comptroller of the Currency's proposal on stablecoins led Bloomberg Intelligence's June 8 Washington Policy Pulse. Companies like Coinbase pushed the OCC to back off the idea of applying "bank-like" rules to non-banks while trade associations representing banks like Bank of America and Citigroup pushed for further restrictions on reward programs. 

We also discussed testimony from the House Financial Services Committee and how it impacts regional banks like PNC Financial and US Bancorp. Finally, we discussed the most recent reconciliation efforts as well as new tariffs and Republican goals ahead of the midterm elections.

The Bloomberg Intelligence Financial Policy weekly call is designed to provide investors an opportunity to learn about the most recent relevant policy research, information regarding forthcoming political catalysts and other on-goings within Washington DC.  

The call is open to all and is held every Monday at 10:00 a.m. EST. You can register for the call here: https://bloomberg.zoom.us/webinar/register/WN__PqCkwY-S2m3hbQqvVC1_Q#/registration

A review of market participant comments towards the Office of the Comptroller of the Currency's proposal on stablecoins led Bloomberg Intelligence's June 8 Washington Policy Pulse. Companies like Coinbase pushed the OCC to back off the idea of applying "bank-like" rules to non-banks while trade associations representing banks like Bank of America and Citigroup pushed for further restrictions on reward programs. We also discussed testimony from the House Financial Services Committee and how it impacts regional banks like PNC Financial and US Bancorp. Finally, we discussed the most recent reconciliation efforts as well as new tariffs and Republican goals ahead of the midterm elections.
The Bloomberg Intelligence Financial Policy weekly call is designed to provide investors an opportunity to learn about the most recent relevant policy research, information regarding forthcoming political catalysts and other on-goings within Washington DC. &nbsp;
The call is open to all and is held every Monday at 10:00 a.m. EST. You can register for the call here: <a href="https://bloomberg.zoom.us/webinar/register/WN__PqCkwY-S2m3hbQqvVC1_Q#/registration">https://bloomberg.zoom.us/webinar/register/WN__PqCkwY-S2m3hbQqvVC1_Q#/registration</a>

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill. Watch us LIVE on YouTube: http://bit.ly/3vTiACF.

Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill. Watch us LIVE on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.

Insight and analysis on news from the White House and Capitol Hill

Balance of Power

Weekly Washington Policy Pulse: Stablecoin Proposal, Reconciliation (June 8, 2026)

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/665f17b2-6de7-4a81-abf3-b46301582a76/transcript