Summary
In a closed-door meeting, Rep. Maxine Waters expressed satisfaction with progress on stablecoin legislation negotiations.
Key Points
1. Treasury Secretary Janet Yellen met with Democrats from the House Financial Services Committee to discuss stablecoin legislation.
2. Yellen expressed satisfaction that negotiations on stablecoin legislation are nearing completion.
3. The meeting was held behind closed doors and details were reported by Politico, citing a source present at the meeting.