Secretary Bessent went on to describe the bill as representing a "once-in-a-generation opportunity" to expand dollar dominance and boost U.S. influence in financial innovation.
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US Treasury Secretary Bessent lambasts Senate for blocking stablecoin bill, calls it ‘missed opportunity’ for American leadership
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U.S. Treasury Secretary Scott Bessent criticized the Senate’s failure to advance the GENIUS Act as a missed opportunity to expand dollar dominance and boost U.S. influence in financial innovation
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