{"id":44641,"date":"2025-06-19T11:00:05","date_gmt":"2025-06-19T08:00:05","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=44641"},"modified":"2025-06-19T09:52:32","modified_gmt":"2025-06-19T06:52:32","slug":"trump-urges-fast-track-for-genius-bill-get-it-to-my-desk-asap","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/trump-urges-fast-track-for-genius-bill-get-it-to-my-desk-asap\/","title":{"rendered":"Trump Urges Fast Track For GENIUS Bill: \u2018Get It To My Desk, ASAP\u2019"},"content":{"rendered":"<p data-start=\"2818\" data-end=\"3097\">Momentum is building in the U.S. crypto regulatory space as President <strong data-start=\"2888\" data-end=\"2897\">Trump<\/strong> calls on the House to pass the <strong data-start=\"2929\" data-end=\"2939\">GENIUS<\/strong> Act without delay. The legislation promises to solidify the country\u2019s position as a global leader in digital assets, especially in the stablecoin sector.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/trump-urges-fast-track-for-genius-bill-get-it-to-my-desk-asap\/#Trump_%E2%80%9CNO_DELAYS_NO_ADD_ONS%E2%80%9D\" title=\"Trump: \u201cNO DELAYS, NO ADD ONS\u201d\">Trump: \u201cNO DELAYS, NO ADD ONS\u201d<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/trump-urges-fast-track-for-genius-bill-get-it-to-my-desk-asap\/#What_Does_The_Bill_Include\" title=\"What Does The Bill Include?\">What Does The Bill Include?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/trump-urges-fast-track-for-genius-bill-get-it-to-my-desk-asap\/#Controversy_Still_Looms\" title=\"Controversy Still Looms\">Controversy Still Looms<\/a><\/li><\/ul><\/nav><\/div>\n<h2 data-start=\"3104\" data-end=\"3142\"><span class=\"ez-toc-section\" id=\"Trump_%E2%80%9CNO_DELAYS_NO_ADD_ONS%E2%80%9D\"><\/span>Trump: \u201cNO DELAYS, NO ADD ONS\u201d<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"3144\" data-end=\"3515\">After the Senate passed the <strong data-start=\"3172\" data-end=\"3182\">GENIUS<\/strong> (Guiding and Establishing National Innovation for US Stablecoins) Act with a 68\u201330 vote, <strong data-start=\"3272\" data-end=\"3281\">Trump<\/strong> posted on Truth Social urging quick House approval.<\/p>\n<blockquote>\n<p data-start=\"3144\" data-end=\"3515\"><em>\u201cThe Senate just passed an incredible Bill that is going to make America the UNDISPUTED Leader in Digital Assets,\u201d he wrote. \u201cGet it to my desk, ASAP \u2014 NO DELAYS, NO ADD ONS.\u201d<\/em><\/p>\n<\/blockquote>\n<hr \/>\n<p data-start=\"3517\" data-end=\"3667\"><em>You Might Be Interested In: <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/coinengineer.net\/blog\/elon-musk-talks-about-the-name-of-a-new-memecoin\/\">Elon Musk Talks About the Name of a New Memecoin!<\/a><\/span><\/em><\/p>\n<hr \/>\n<p data-start=\"3517\" data-end=\"3667\">With a narrow Republican majority in the House, the final vote is pending \u2014 but all eyes are on how swiftly it can reach <strong data-start=\"3638\" data-end=\"3647\">Trump<\/strong> for final approval.<\/p>\n<p data-start=\"3517\" data-end=\"3667\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-159182 size-full\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2025\/06\/genius-trump.webp\" alt=\"genius, trump\" width=\"933\" height=\"489\" \/><\/p>\n<h2 data-start=\"3674\" data-end=\"3709\"><span class=\"ez-toc-section\" id=\"What_Does_The_Bill_Include\"><\/span>What Does The Bill Include?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"3711\" data-end=\"3808\">The <strong data-start=\"3715\" data-end=\"3725\">GENIUS<\/strong> Act aims to establish a clear regulatory framework for stablecoins, including:<\/p>\n<ul>\n<li data-start=\"3812\" data-end=\"3843\">Mandatory 1:1 reserve backing<\/li>\n<li data-start=\"3846\" data-end=\"3880\">State or federal-level licensing<\/li>\n<li data-start=\"3883\" data-end=\"3917\">Anti-Money Laundering compliance<\/li>\n<li data-start=\"3920\" data-end=\"3949\">Strict consumer protections<\/li>\n<li data-start=\"3952\" data-end=\"4048\">Limits on how reserves can be used (e.g., only for redemptions or low-risk Treasury investments)<\/li>\n<\/ul>\n<p data-start=\"4050\" data-end=\"4168\">These measures are designed to eliminate shadow banking risks and enhance systemic trust in dollar-backed stablecoins.<\/p>\n<h2 data-start=\"4175\" data-end=\"4206\"><span class=\"ez-toc-section\" id=\"Controversy_Still_Looms\"><\/span>Controversy Still Looms<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"4208\" data-end=\"4567\">Although now progressing, the bill had previously failed a cloture vote in May due to Democratic concerns. Critics like Senator Elizabeth Warren accused <strong data-start=\"4361\" data-end=\"4370\">Trump<\/strong> and his family of positioning to earn <em>\u201chundreds of millions\u201d<\/em> from a proposed USD1 stablecoin if the law passes. Others warned against falling behind globally in crypto adoption and innovation.<\/p>\n<hr \/>\n<p data-start=\"4208\" data-end=\"4567\"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<span style=\"color: #0000ff;\"><a href=\"https:\/\/t.me\/coinengineernews\">Telegram<\/a><span style=\"color: #000000;\">,<\/span>\u00a0<a style=\"color: #0000ff;\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">YouTube<\/a><\/span><span style=\"color: #000000;\">,<\/span>\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"color: #0000ff;\">Twitter<\/span><\/a>\u00a0channels for the latest<span style=\"color: #0000ff;\">\u00a0<a style=\"color: #0000ff;\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a><\/span>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Momentum is building in the U.S. crypto regulatory space as President Trump calls on the House to pass the GENIUS Act without delay. The legislation promises to solidify the country\u2019s position as a global leader in digital assets, especially in the stablecoin sector. Trump: \u201cNO DELAYS, NO ADD ONS\u201d After the Senate passed the GENIUS<\/p>\n","protected":false},"author":28,"featured_media":43267,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,657,2],"tags":[14314,18643,18645,7220,12278,18641,12754,3161,9342,14489,18642,5432,14318,18644,3310,8848,14346,6183,14292],"class_list":["post-44641","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-en","category-news","tag-aml-compliance","tag-bill-hagerty","tag-crypto-framework","tag-crypto-legislation","tag-crypto-policy","tag-digital-asset-bill","tag-digital-dollar","tag-elizabeth-warren","tag-financial-regulation","tag-genius-act","tag-house-of-representatives","tag-stablecoin-regulation","tag-stablecoin-rules","tag-treasury-investment","tag-trump","tag-trump-crypto","tag-us-crypto-law","tag-us-senate","tag-usd1"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump Urges Fast Track For GENIUS Bill: \u2018Get It To My Desk, ASAP\u2019 - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/trump-urges-fast-track-for-genius-bill-get-it-to-my-desk-asap\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump Urges Fast Track For GENIUS Bill: \u2018Get It To My Desk, ASAP\u2019 - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Momentum is building in the U.S. crypto regulatory space as President Trump calls on the House to pass the GENIUS Act without delay. 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