Forbes Reporter: A bipartisan group of senators is close to reaching consensus on the text of the GENIUS Act
Online reports that Forbes reporter Eleanor Terrett disclosed that a bipartisan group of senators was close to reaching a consensus on the text of the GENIUS Act after days of intense renegotiations, which may allow the bill to continue. However, the text has not yet been finalized. Senate leadership is discussing a procedural path to resume review of the GENIUS Act, including amendment procedures and motions for reconsideration. The goal, which may change, is to hope to hold a final vote before the Memorial Day recess and before the settlement process begins, although the timetable may be delayed due to whether a procedural agreement can be reached with Democrats.
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