A bipartisan group of senators is close to agreeing on the text of the GENIUS Act after days of tense renegotiation, according to Eleanor Terrett, a Forbes reporter, which could allow the bill to move forward. However, the text has not yet been finalized.
Senate leadership is discussing the procedural path to resume consideration of the GENIUS Act, including the amendment process and reconsideration motions. The goal, subject to change, is to hold a final vote before the Memorial Day recess and before the reconciliation process begins, though the timetable may be delayed by whether a procedural agreement can be reached with Democrats.
A bipartisan group of senators is close to reaching consensus on the text of the GENIUS Act
2025-05-14 23:40:11
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