Trump Demands ‘GENIUS Act’ Vote, Despite Reports of Delays – What Happens Next?
On his social media platform Truth Social (how very… truthy), Trump issued a decree: Republicans must all vote “yes” on the Guiding and Establishing National Innovation for US Stablecoins, which is, of course, far too much of a mouthful to repeat. GENIUS Act, yes, let’s go with that—perhaps for the irony alone. It’s a bill designed to regulate the wild, untamed land of payment stablecoins. In an era where everyone has a wallet and no one seems to know where they left their keys, this regulation might bring some order—or chaos. But it’s certainly pushing the boundaries of what we know about money. 💸