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Opinion: Trump exhausted resources because of the Big American bill, and the GENIUS bill was passed or delayed until early October

According to online reports, according to Caijing magazine, some scholars in the United States said that Trump has "exhausted" political resources during the pressure process of the "Big and American Act". If the same method is adopted in the legislation of stablecoins, there will be no more balance." In addition, many senior legal figures in the United States told Caijing that due to the timely passage of the more important "big and beautiful" bill, the possibility of passing the GENIUS Act as scheduled before August has greatly increased. However, they also believe that if the GENIUS Act is forced to be bundled with other market structure bills, it will bring great uncertainty to the review. If it cannot be successfully passed before the summer break of Congress, since the resumption of the session will not be until early September, the bill will be passed until the end of September and early October at the earliest.

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