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Patrick Witt
@patrickjwitt
Executive Director, President’s Council of Advisors for Digital Assets; Deputy Director, Dept. of War Office of Strategic Capital 🇺🇸
Joined May 2012
1.1K Following    40.4K Followers
Ms. Castilla, regarding community bank representation during the negotiations on stablecoin rewards, @ABABankers and @ICBA (both of which your bank appears to be a member of and which you and some of your executives have held leadership roles within) were present at every White House meeting. As you can see in the attached, I also specifically asked both organizations if they had any individual member banks who wanted to attend. I never received a response. After our series of meetings concluded, Senators Tillis and Alsobrooks continued to meet with the ABA and ICBA and also consulted with many community banks individually. It’s concerning to hear that ABA and ICBA did not make you aware that we solicited representatives from individual member banks or keep you informed of the substance of our discussions, especially someone as engaged as you. I would be glad to speak with you at your earliest convenience to remedy this error. The ABA and ICBA both have my contact information.
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Respectfully, I’m not a bank lobbyist. I’m not aware of any community bankers that have been at the table. I have been engaged publicly from the beginning and have not had any administration officials reach out to me or any other peer community banker that I know.
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