According to Wu, crypto journalist Eleanor Terrett has revealed that the U.S. Senate voted to pass the “cloture motion” to formally consider the “GENIUS Act,” with at least 15 Democratic senators changing their positions to vote in favor, including Cortez Masto, Adam Schiff, and Mark Warner among others. Despite minority leader Schumer voting against it, the motion passed smoothly. The bill will now enter the comprehensive review process.
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The U.S. Senate passed a procedural motion, and the GENIUS bill has entered the formal review stage.
According to Wu, crypto journalist Eleanor Terrett has revealed that the U.S. Senate voted to pass the “cloture motion” to formally consider the “GENIUS Act,” with at least 15 Democratic senators changing their positions to vote in favor, including Cortez Masto, Adam Schiff, and Mark Warner among others. Despite minority leader Schumer voting against it, the motion passed smoothly. The bill will now enter the comprehensive review process.