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The USHCC sent a letter to Senate leadership, stating that the Clarity Act could accelerate capital outflows
Svmuu News: A Fox Business crypto reporter posted on X, stating that the USHCC—which claims to represent millions of Hispanic-owned businesses in the U.S.—sent a letter to Senate leadership this week, expressing its agreement with community banks’ concerns that the Clarity Act could accelerate deposit outflows. The organization believes the bill would reduce lending to Hispanic small businesses and weaken investment in underserved communities.
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