News Release: Senate Passes Huge Giveaway to Crypto Industry, Big Tech and Trump Family
The GENIUS Act (S.1528) took another step closer to becoming law after the Senate cleared a key procedural vote towards passing this alarming bill that links crypto tokens purportedly pegged to the U.S. dollar – stablecoins – to the broader financial system without meaningful consumer protections or safeguards for investors. This bill also stands to enrich President Trump and his family personally via their many crypto business ventures.