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FOX News Reporter: US Senate to Vote on the GENIUS Act This Week

2 days ago

On June 2nd, FOX Business reporter Eleanor Terrett declared that with the intensification of negotiations on amendments, the U.S. Senate is gearing up for a potential vote on the "GENIUS Act". A recent poll has exerted greater pressure on U.S. lawmakers to take prompt action. The U.S. Senate is scheduled to resume work on Monday, with a vote set for 5:30 p.m. Eastern Time on a Defense Department nominee appointed by Trump. However, the real emphasis is taking place behind the scenes: lawmakers are striving for bipartisan cooperation between the U.S. Republican and Democratic parties on the "GENIUS Act" (a stablecoin legislation), and Republican leaders are hoping that the bill will pass the Senate this week. According to sources with knowledge of the matter, the bill's sponsors are working to reach a "unanimous consent agreement" in order to expedite the voting process on a series of amendments without having to initiate the full cloture procedure.
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