The U.S. Senate passed a procedural motion, and the GENIUS stablecoin bill has entered the formal review stage.

GateUser-6433627c · 2025-05-20T10:36:07+00:00

[The U.S. Senate passes a procedural motion, the GEN stablecoin bill enters the formal review stage] FOX Business reporter Eleanor Terrett stated that the U.S. Senate voted to approve the "cloture motion" for the formal review of the GENIUS Act, with at least 15 Democratic senators changing their stance to vote in favor, including Cortez Masto, Adam Schiff, Mark

GateUser-6433627c

2025-05-20 10:36:07

[The U.S. Senate Passes Procedural Motion, GENIUS Stablecoin Bill Enters Formal Review Stage] FOX Business reporter Eleanor Terrett stated that the U.S. Senate voted to pass the “cloture motion” to enter formal consideration of the “GENIUS Act,” with at least 15 Democratic senators changing their stance to vote in favor, including Cortez Masto, Adam Schiff, and Mark Warner among others. The bill will now enter the comprehensive review process.

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