#GENIUSActPass
๐๐ง๐ช๐ข๐ฅ ๐๐ง๐๐๐จ ๐.๐. ๐๐ค๐ช๐จ๐ ๐ฉ๐ค ๐๐๐ฃ๐ ๐ฉ๐๐ ๐๐๐๐๐๐ ๐ผ๐๐ฉ ๐ฉ๐ค ๐๐๐จ ๐ฟ๐๐จ๐ โ๐ผ๐๐ผ๐โ
President Donald Trump has praised the U.S. Senate for passing the GENIUS Act, calling it a step in the right direction for U.S. digital asset dominance. He is now turning his attention to the House of Representatives, pushing for a โlightning-fastโ passage of the stablecoin bill without any changes to the Senateโs version.
The House will hopefully move LIGHTNING FAST and pass a โcleanโ GENIUS Act,โ said Trump. โGet it to my desk, ASAP โ NO DELAYS, NO ADD-ONS
If the House passes the GENIUS Act without changes, it will go directly to President Trump for final approval. However, any amendments would send the bill back to the Senate for reconciliation, potentially delaying its passage.
There are concerns that the House may attempt to merge the GENIUS Act with the STABLE Act, its own version of a comprehensive stablecoin framework. The White House has previously indicated its preference for the GENIUS Act over the STABLE Act