Stablecoin Bill Divides Lawmakers as Senator Warren Warns of Trump-Linked Conflicts of Interest
The passage of the Guiding and Establishing National Innovation for U.S. Stablecoins Act, identified as the GENIUS Act, has drawn sharp strains in Washington, with reward from trade leaders and regulators clashing in opposition to rising warnings from lawmakers, particularly Senator Elizabeth Warren. The invoice was signed into law by President Donald Trump on July…
