Banks fund crypto attack ads across Washington as over 3,000 banks unite to stop Clarity Act passing Senate

A recent American Bankers Association (ABA) ad running across Washington shows a clear edge in a campaign that has been running for months. The ad reads: “Protect local lending while embracing innovation. Tell Senators to close the stablecoin loophole.” ABA’s advertising archive documents Politico Morning Money placements during the week of Mar. 9, urging senators to act on stablecoin yield, as well as a …