Brooksley Born

Former Chair, Commodity Futures Trading Commission

Brooksley Born is the former chair of the Commodity Futures Trading Commission.

Regulation and compliance

The Senate's stablecoin bill risks repeating past legislative mistakes

The GENIUS Act, in its current form, fails to account for the substantial risk of stablecoin runs and blocks regulators from imposing necessary oversight. It also lacks measures to prevent their use in illicit transactions.

By Brooksley Born

June 2