Daily Regulatory Briefing - Jun 29, 2026
Alex here.This is Lex Reg Pulse Daily for Monday, June 29, 2026.The week's defining banking story is a funding question.Roughly four thousand community lenders have organized a coordinated lobbying campaign aimed at narrowing the GENIUS Act's stablecoin framework before its implementing rules harden.The coalition's argument is direct: payment stablecoins issued under the new federal regime will pull retail deposits out of local banking systems — and with them, the lending capacity that serves small-business and agricultural markets that larger institutions largely bypass.This is the first…
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