GENIUS Act failed to pass cloture in the United States Senate

Description

Genius Act was blocked in the U.S. Senate after failing a vote on procedure known as cloture, due to last-minute opposition from Senate Democrats who expressed concerns over President Donald Trump's crypto ventures.

Maintainers

Simas

Publish date

May 8, 2025

Related projects

GENIUS Act (Guiding and Establishing National Innovation in U.S. Stablecoins Act)

United States Congress

Related topics

Policy & regulations

Sources

Filibusters and Cloture in the Senate

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US Senate votes to halt stablecoin bill as rising tensions surge over Trump's crypto involvement

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Leading House Dem Will Block Crypto Market Structure Bill Hearing

US Stablecoin bill blocked as Democrats withdraw support