Sen. Durbin Issues Comments on Senate Floor About GENIUS Act
June 04, 2025
June 04, 2025
WASHINGTON, June 4 -- Sen. Richard J. Durbin, D-Illinois, issued the following floor remarks on June 3, 2025 (In this document, the reference to Mr. President refers to the presiding officer of the Senate at the time of the speech):
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Mr. President, last month, the Senate voted to proceed to the GENIUS Act, a bill that would regulate the type of cryptocurrency called stablecoins. Stablecoins are supposed to tie the value of crypto to the value of a dollar, but in 20 . . .
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Mr. President, last month, the Senate voted to proceed to the GENIUS Act, a bill that would regulate the type of cryptocurrency called stablecoins. Stablecoins are supposed to tie the value of crypto to the value of a dollar, but in 20 . . .