Pro-Crypto GENIUS Act, for Now, Falls Short of Advancing in Senate
The stablecoin legislation failed to clear today's cloture vote, 48-49, but Democratic Sen. Ruben Gallego says he'll press ahead with negotiations.
The stablecoin legislation failed to clear today's cloture vote, 48-49, but Democratic Sen. Ruben Gallego says he'll press ahead with negotiations.
Crypto industry super PACs have now poured $120 million into 2024 elections, backing a blend of Republicans and Democrats in key races.
At least nine members of Congress have already violated the STOCK Act this month by failing to disclose their financial transactions within 45 days.
In repeated votes, Gallego has sided against amendments from his Progressive Caucus colleagues that would have reduced the Department of Defense budget by 10%.