Sen. Gillibrand on stablecoin bill: "we’ve been working with the regulators, but we haven’t socialized it with stakeholders"

psst: Ask a Pol AUDIO IS 100% FREE! If you can’t access our raw interviews, try going directly to our site (Ask a Pol dot com). Contact us if troubles persist. Who?Sen. Kirsten Gillibrand (D-NY) — Intelligence and Armed Services Committees LISTEN: Laslo & GillibrandAsk a Pol asks:What’s happening with your stablecoin bill with Sen. Cynthia Lummis (R-WY) — still waiting on the House? At a certain point, will you just drop yours if they haven’t moved?Key Gillibrand: “Yeah, yeah. We’re gonna drop ours anyway, because I want to have an opportunity for feedback. It’s important,” Gillibrand exclusively tells Ask a Pol. “And if the feedback comes before the House finishes their work, we can inform their work. So I’d like to get it out there so stakeholders can see it. We’ve not socialized this with stakeholders yet. Except for the — we worked with the regulators on it.”ICYMI — Ask a Pol exclusive w/ Maxine WatersCaught our ear:“We’re gonna introduce our bill soon, I think,” Gillibrand says. “We’re doing some finishing touches, basically.” Below find a rough transcript of Ask a Pol’s exclusive interview with Sen. Kirsten Gillibrand (D-NY), slightly edited for clarity.TRANSCRIPT: Sen. Kirsten GillibrandSCENE: Gillibrand and two aides are walking through the basement of the US Capitol when they bump into Ask a Pol’s Matt Laslo. Kirsten Gillibrand: “How are you?” Matt Laslo: “Livin’ the dream.”KG: “What’s new? Tell us of the new things.”ML: “Who knows?”Gillibrand aide: “New stablecoin that you should be…” KG: “My favorite topic.”ML: “What’s happening with stablecoin? You guys just still waiting on the House?”KG: “We’re gonna introduce our bill soon, I think. We’re doing some finishing touches, basically.”ML: “Yeah?”KG: “And then, hopefully, the House negotiations proceed well. I mean, I’m optimistic that we’ll get a very good agreement between the two houses.”ML: “At a certain point, will you just drop yours if they haven’t moved?”KG: “Yeah, yeah. We’re gonna drop ours anyway, because I want to have an opportunity for feedback. It’s important. And if the feedback comes before the House finishes their work, we can inform their work. So I’d like to get it out there so stakeholders can see it. We’ve not socialized this with stakeholders yet. Except for the — we worked with the regulators on it.”Sen. Gillibrand enters an elevator and greets a fellow senator. KG: “Hi.” Laslo laughs. KG: “So we’ve been working with the regulators, but we haven’t socialized it with stakeholders.”ICYMI — Ask a Pol exclusive w/ Banking Chair BrownML: “Yeah?”KG: “So we want to…” Sen. Gillibrand’s aide whispers something to her. KG to aide: “I know.” KG: “So we’re gonna — we want to drop it so people can look at it.”ML: “Yeah?” Gillibrand, aides and Ask a Pol exit elevator on first floor of Capitol. KG to colleague: “I’ll see you later.”Man: “Bye, Kirsten.”ML: (whispers) “Pardon me.”Ask a Pol’s a reader-supported publication. To receive our latest posts and to support our work, consider becoming a paid subscriber.Matt Laslo covers tech politics for WIRED, lectures on technology’s impact on government at Johns Hopkins and is the founder of Ask a Pol — a new people-powered press corps. @MattLaslo / @AskaPol_cryptoAsk a Pol — asking your lawmakers your questions at your US Capitol.  Content posted at AskaPol.com is copyrighted. Use our original content to move the story forward. And, please, link to us. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.askapoluaps.com/subscribe