Chairman Hill Statement on Senate Passage of GENIUS Act
Washington,
June 17, 2025
House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement following Senate passage of the GENIUS Act: "Clear rules of the road for stablecoins are long overdue, and today we’re one step closer to creating a functional regulatory framework. I applaud the Senate’s passage of the GENIUS Act and the work of Chairman Scott, Senator Hagerty, and Senator Lummis to make this historic day a reality. I look forward to working with my House colleagues to bring much-needed clarity and protections to the digital asset ecosystem.” |