According to BlockBeats, as the U.S. Congress reconvenes, senators face a challenging task to meet deadlines set by U.S. President Donald Trump. The first deadline involves Trump's significant tax and budget proposal, known as the 'Beautiful Act.' This updated version narrowly passed the House of Representatives last month with a vote of 215 to 214.
The bill has now moved to the Senate, where it is expected to encounter similar resistance from some Republican dissenters. Republican leaders aim to have the bill, ideally in a form close to its current version, ready for the President's signature by July 4.
Following this, senators must work on passing the 'GENIUS Act,' which Trump hopes will be approved by the end of summer. A source familiar with the matter indicated that the President's growing interest in cryptocurrency businesses presents a bipartisan challenge for both Republicans and Democrats.
