FOX Business correspondent Eleanor Terrett says the U.S. Senate is gearing up for a potential vote on the GENIUS Act as amendment talks heat up. A new poll has increased the pressure on U.S. lawmakers to act soon. The U.S. Senate will resume work on Monday with a vote on a Trump-nominated Defense Department official at 5:30 p.m. Eastern, but the real focus is behind the scenes: Lawmakers are pushing for the bipartisan U.S. Republican-Democratic GENIUS Act (a stablecoin legislation), which Republican leaders hope will pass the Senate this week.
According to people familiar with the matter, the bill's sponsors are working towards a "unanimous agreement" that would allow for a quick vote on a series of amendments without having to initiate a full procedural voting process (cloture).
FOX reporter: The US Senate may vote on the GENIUS bill this week
2025-06-02 12:01:15
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