According to Techub News, reported by Politico, U.S. Senate Minority Leader Chuck Schumer urged other senators in a closed-door meeting to hold off on supporting the new version of the U.S. GENIUS stablecoin bill in order to gain more concessions from Republicans. During this meeting, other senators, including Elizabeth Warren, expressed concerns about the passage of this industry-supported Crypto Assets bill, stating that the bill presents a conflict of interest with Trump and his family's Crypto Assets business dealings.
Techub News previously reported that the new version of the U.S. GENIUS stablecoin bill was opposed by 10 senators.
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According to Techub News, reported by Politico, U.S. Senate Minority Leader Chuck Schumer urged other senators in a closed-door meeting to hold off on supporting the new version of the U.S. GENIUS stablecoin bill in order to gain more concessions from Republicans. During this meeting, other senators, including Elizabeth Warren, expressed concerns about the passage of this industry-supported Crypto Assets bill, stating that the bill presents a conflict of interest with Trump and his family's Crypto Assets business dealings.
Techub News previously reported that the new version of the U.S. GENIUS stablecoin bill was opposed by 10 senators.