Skip to content
Sign up to receive our free weekday morning edition, and you'll never miss a scoop.
Warnock and Moran both voted against cloture on Monday night to advance the GENIUS Act. But by the time a second procedural vote came up on Wednesday, both lawmakers backed the effort.

Inside 2 flipped votes on GENIUS

It’s been a wild week for financial policy. What started as a referendum on crypto policy Monday night has lurched toward a potentially unwieldy fight over a bunch of other stuff on the other side of the Memorial Day recess.

But we think it’s worth stepping back into stablecoin policy for a moment. We caught up with two senators whose votes on the GENIUS Act changed over the course of the week: Sens. Raphael Warnock (D-Ga.) and Jerry Moran (R-Kan.).

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.

Advertisement

Presented by Walmart

Walmart is investing over $350 billion in U.S. manufacturing. Because investing in American businesses is investing in America. Learn more about our commitment to supporting products made, grown, or assembled in America.

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