WASHINGTON, July 17 -- Sen. Kirsten Gillibrand, D-New York, issued the following news release:

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Gillibrand Statement On House Passage Of The Genius Act

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Today, U.S. Senator Kirsten Gillibrand applauded House passage of the GENIUS Act, landmark legislation that will establish a regulatory framework for stablecoins. As the lead Democratic senator on the bill, Senator Gillibrand shepherded the legislation to passage in the Senate in June.

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