Trump pressures House to pass ‘GENIUS Act’ Crypto Bill without changes
Trump demands House pass ‘Clean’ GENIUS Act, bypassing amendments
Trump’s push for speed puts Senate-passed GENIUS Act to a political test in the House
President Donald Trump has issued a direct appeal to the U.S. House of Representatives, urging a quick and unamended passage of the GENIUS Act, a bill that cleared the Senate with broad bipartisan support. The President’s push sets up a potential conflict with House members, who are deliberating their own version of digital asset legislation.
The GENIUS Act, introduced by Senator Bill Hagerty (R-TN), aims to establish a comprehensive regulatory framework for the digital asset industry in the United States.
Related: U.S. Senate Passes the “GENIUS Act” Stablecoin Bill in a 68–30 Bipartisan Support
Senate Passes Bipartisan Crypto Framework
On Tuesday, the Senate approved the GENIUS Act with a decisive 68-30 vote, signaling strong bipartisan agreement on the need for clearer rules for the crypto industry. Senator Hagerty has stated that the legislation, once enacted, will enable businesses and consumers to process payments with…
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