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U.S. Senate Prepares for Potential Vote on GENIUS Act Amid Rising Pressure
According to BlockBeats, FOX Business reporter Eleanor Terrett has indicated that as amendment negotiations intensify, the U.S. Senate is gearing up for a potential vote on the GENIUS Act. A recent poll has increased the urgency for U.S. lawmakers to act swiftly.
The Senate will resume work on Monday, with a vote scheduled at 5:30 PM Eastern Time on a Department of Defense official nominated by U.S. President Donald Trump. However, the real focus is on the behind-the-scenes efforts to advance the bipartisan GENIUS Act, a stablecoin legislation, with Republican leaders aiming for its passage in the Senate this week.
Sources familiar with the matter have revealed that the bill's proponents are striving to reach a "unanimous consent agreement" to expedite the voting process on a series of amendments without initiating the full procedural vote process known as cloture.
The Senate will resume work on Monday, with a vote scheduled at 5:30 PM Eastern Time on a Department of Defense official nominated by U.S. President Donald Trump. However, the real focus is on the behind-the-scenes efforts to advance the bipartisan GENIUS Act, a stablecoin legislation, with Republican leaders aiming for its passage in the Senate this week.
Sources familiar with the matter have revealed that the bill's proponents are striving to reach a "unanimous consent agreement" to expedite the voting process on a series of amendments without initiating the full procedural vote process known as cloture.
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