'Incredible Innovation:' Lavorgna on Stablecoin Passing

2025-07-17 22:54:28

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Joseph Lavorgna, Counselor to Treasury Secretary Scott Bessent, shares his thoughts on the House passing the Stablecoin Bill and whether or not traditional financial institutions should worry about competition from cryptocurrency. He also discusses the Federal Reserve, President Trump, and where interest rates should be. Lavorgna speaks with Kailey Leinz and Tyler Kendall on the late edition of Bloomberg’s “Balance of Power.”

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