S.Amdt. 2337

SA 2337. Ms. WARREN submitted an amendment intended to be proposed by
her to the bill S. 1582, to provide for the regulation of payment
stablecoins, and for other purposes; which was ordered to lie on the
table; as follows:
At the appropriate place, insert the following:

SEC. ___. RESTRICTIONS ON AFFILIATE TRANSACTIONS.

Each payment stablecoin issuer shall be subject to sections
23A and 23B of the Federal Reserve Act (12 U.S.C. 371c, 371c-
1) as if the issuer were a member bank.
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