A Lummis spokesperson said that the senator needed to have further discussions with Gould regarding stablecoin legislation and the "federal preemption of state banking laws," Pedersen reported.
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Senate confirms former blockchain executive Jonathan Gould to lead OCC
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Senator Cynthia Lummis reversed her initial procedural opposition and ultimately voted to confirm Jonathan Gould, despite raising concerns over stablecoin policies and federal preemption of state banking laws
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