Support and Opposition for Genius bill

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Bill Hagerty, Republican Senator argued that the GENIUS Act is vital to restoring U.S. competitiveness and maintaining the dollar's role as the world reserve currency
John Thune, Senate majority leader said the GENIUS Act would help the U.S. become the “crypto capital of the world” and bring cryptocurrency into the mainstream
Tim Scott, Senate Banking Committee Chair praised the GENIUS Act as a bipartisan victory that strengthens U.S. innovation and national security
Prominent Democrats such as Chuck Schumer, Amy Klobuchar, and Elizabeth Warren opposed the GENIUS Act, while others like Ruben Gallego supported it

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