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Senate’s Stablecoin Bill Heads to Final Vote After 68-30 Procedural Vote
The stablecoin bill moving through the U.S. Senate reportedly got closer to final passage Wednesday (June 11) after a 68 to 30 procedural vote removed an obstacle. The vote eliminated some proposed amendments to the GENIUS Act and made it likely that the final passage of the bill will come next week, Bloomberg reported Wednesday. Senate Majority Leader John Thune, R-South Dakota, said Wednesday that he aims to pass the bill within days and hopes the House will move quickly to send it to be signed into law by President Donald Trump, according to the report. In remarks prepared for delivery on the Senate floor before ... (full story)
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