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Highlights
- Senators are working out details for the GENIUS Act which includes over 60 proposed amendments being looked at by both Republican and Democratic lawmakers.
- Efforts are being made to cut down the list in order for the bill to get to the Senate floor before the week ends.
- A compromise between the parties is important because delays in the bill could interfere with other important legislation.
Senate lawmakers are deep in discussions over the GENIUS Act, a bill that’s currently facing a long list of proposed changes. If they succeed, the bill could be brought to the Senate floor by the end of this week.
Senate Negotiates Over 60 Amendments to GENIUS Act
According to respected journalist Eleanor Terrett on X, more than 60 amendments have been suggested so far. That large number is now at the center of intense negotiations between Senate Republicans and Democrats. Both sides are working to trim down the act’s amendment list to a number more manageable.
If an agreement isn’t reached soon, the bill’s path to becoming law could slow down. Procedural delays would likely push the final vote into next week. Lawmakers want to avoid that, but it’s not uncommon when dealing with such a high volume of proposed changes.
The GENIUS Act hasn’t been the subject of major public attention until recently. But as talks heat up, it’s becoming clear that this legislation is significant enough to draw major input from both political parties.
Bipartisan Push to Streamline GENIUS Act
The exact contents of the amendments are not yet public, but the huge interest shows there’s a lot at stake. A bipartisan compromise is key to moving the bill forward. The push for bipartisan solutions coincides with growing crypto adoption, as evidenced by Truth Social’s recent Bitcoin ETF filing.
Without it, the Senate process could get bogged down in back-and-forth debate. That kind of delay could impact related legislation or upcoming priorities for both parties.
Terrett’s update highlights how quickly things can change in Congress. What may seem like a slow process can suddenly gain speed if lawmakers align on the details.
Still, with over 60 proposed changes on the table, negotiations will take time and patience. The GENIUS Act’s future depends heavily on what happens in the next few days.
Behind closed doors, staff and lawmakers are likely working overtime to find that middle ground. This bill may become a key topic in the coming days as Senate leaders push to finalize the process.
Earlier, Terret predicted that the US Senate is getting close to passing the Genius act even though there has been requests for a lot of changes to the bill.
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