Skip to content
Sign up to receive our free weekday morning edition, and you'll never miss a scoop.
Senate Republican Leadership is plunging ahead with a procedural vote on the GENIUS Act despite a lack of legislative text just minutes before.

Senate GOP asks for leap of faith on stablecoin bill

Senate Republican Leadership is plunging ahead with a procedural vote on the GENIUS Act despite a lack of legislative text just minutes before.

A bipartisan group of lawmakers has been racing behind the scenes to draft text after landing on an agreement in principle yesterday. So far, Republicans have rebuffed Democratic pleas to postpone the vote.

“This is a bill that they've continued to modify, that's had massive support, bipartisan, and now the Democrats are trying to be obstructive,” Senate Majority Whip John Barrasso said this morning.

It's a quintessential Senate blame game. This time, the shape of the financial system is on the line. “We're not gonna get rolled on this,” Sen. Elizabeth Warren (D-Mass.) told reporters today.

Subscripion logo

You're seeing a preview of our Premium Policy: The Vault financial services and tax policy coverage. Read the full story by subscribing here.

Presented by Duke Energy

Every day at Duke Energy, we’re focused on keeping prices low and supporting growing energy needs across our footprint. From enabling modern energy infrastructure investments to accelerating technology advancements, our progress will not be slowed.

 

Get the full picture

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.

Presented by Duke Energy

Every day at Duke Energy, we’re focused on keeping prices low and supporting growing energy needs across our footprint. From enabling modern energy infrastructure investments to accelerating technology advancements, our progress will not be slowed.

 

Get the full picture