Trump pressures the House: Speed up the approval of the GENIUS stablecoin bill! Controversy arises over bundled market structure legislation.

MarketWhisper

2025-06-19 02:34:46

After the U.S. Senate passed the stablecoin bill (GENIUS Act), President Trump sent a message to the House of Representatives:

“Get it to my desk as soon as possible—no delays, and no additional content.”

In this regard, Fox News reporter Eleanor Terrett posted on X:

"I heard that Trump’s remarks sparked strong protests from industry stakeholders, who called Congress to question what his instructions meant for the passage of market structure legislation—the House is considering advancing market structure legislation alongside stablecoin legislation, striving to complete both pieces of legislation before the August deadline set by Trump.

‘It all started like this,’ responded a member of the House.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments