Senator reveals the American Bankers Assoc. ‘helped craft’ new anti-crypto bill

The lobbying organization for the U.S. banking industry — the American Bankers Association — was asked to help with the anti-crypto legislation, according to recent comments from the senator.

Big banks have been helping United States Senators Roger Marshall and Elizabeth Warren draft their controversial anti-crypto bill. 

In a Dec. 20 video that surfaced on X (formerly Twitter), Marshall admitted that he and Warren approached the largest lobbying organization for the U.S. banking industry — the American Bankers Association (ABA) — for assistance in crafting the Digital Asset Anti-Money Laundering Act.

Meanwhile, finance lawyer Scott Johnsson suggested that voters angry at Warren should focus on vulnerable seats that have supported her crusade this past year.

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Source: https://cointelegraph.com/news/anti-crypto-bill-elizabeth-warren-american-bankers-association