The executive director of Trump's Digital Asset Advisory Committee criticized the US Senate for failing to pass the GENIUS bill

Bo Hines, executive director of Trump's Digital Asset Advisory Council, criticized the US Senate for failing to pass the GENIUS bill in a post on the X platform. He said that US Democrats are not doing the right thing for the people and failing to implement common sense regulations that could have solidified their leadership in digital asset innovation. Bo Hines added that this bill is about building the future, designed to update outdated payment systems and solidify the position of the United States as a global fintech standard setter, but now the United States has passed up the opportunity to bring clarity to the market and promote American innovation, resulting in the failure of this transformative legislation to pass.