Chairman Hill Applauds As President Trump Signs GENIUS Act Into Law
Washington,
July 17, 2025
House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement after President Trump signed the GENIUS Act into law: “The moment we’ve all worked mightily toward is here,” said Chairman Hill. “President Trump’s signature on the GENIUS Act marks the turning point in years of collaboration between Congress, the Executive Branch, and stakeholders. This is a historic day for American innovation and consumer protection as payment stablecoin legislation is now law. Our efforts don’t stop here, and I’ll continue to work with President Trump and the Senate to ensure critical market structure legislation will reach the President’s desk.” |