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President Donald Trump said he expects to sign the GENIUS Act into law by August 2025
House Republicans may want to combine their own stand-alone stablecoin accountability bill, Stable Act, with their crypto market-structure bill to form a single combined legislation to streamline digital asset oversight and improve odds of passage
Senator Bill Hagerty introduced GENIUS Act in February 2025 and steered it through committee negotiations
Senator Bill Hagerty secured bipartisan support for the GENIUS Act by adding conflict-of-interest and consumer-protection provisions

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