Internet reports that Wyoming Republican Senator Cynthia Lummis revealed at the Bitcoin 2025 conference that the GENIUS stablecoin bill has entered the final stage of deliberation in the Senate. The bill passed a procedural vote last week with a threshold of 60 votes, but was frustrated by opposition from Democratic Leader Elizabeth Warren and some Republicans. If finally passed, it would be the first bill successfully enacted by the Senate Banking Committee in eight years. Lummis held extensive behind-the-scenes consultations with the team of co-sponsor Kirsten Gillibrand (D-M). Tennessee Senator Bill Hagerty pointed out that this would be the most bipartisan bill the committee has had in more than a decade, but criticized Warren for deliberately delaying the legislative process. Lummis admitted that the Senate has lost its "legislative muscle memory" and hopes to learn from the experience of the House of Representatives passing FIT21 last year to promote subsequent crypto market regulatory legislation.