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.