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Senator Cynthia Lummis: The stability of the currency has not led to the loss of savings

Senator Cynthia Lummis stated that some community banks believed that the stabilization currency was leading to the loss of deposits, but the data showed that this was not the case. She noted that the repeal of the Clarity Act would not help community banks, but would only protect what they described as a fragmented situation. She called for the bill to be passed in September。

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