Weekly Washington Policy Pulse: Trump v. Disney, Stablecoin Accord (May 4th 2026)
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Weekly Washington Policy Pulse: Trump v. Disney, Stablecoin Accord (May 4th 2026)
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Summary
A review of the ongoing spat between President Donald Trump and the Disney corporation over comments from Jimmy Kimmel -- and subsequently a FCC investigation into their broadcast licenses -- led Bloomberg Intelligence's May 4 Washington Policy Pulse discussion. The FCC's call for an early TV license renewal review for Disney's broadcast television stations unlikely poses a material business risk to the company. We also discussed an agreement over stablecoin yield -- supported by Coinbase -- and what it means for the CLARITY Act.
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