Schumer Warren Urge Senate to Block Stablecoin Bill

May 10, 2025

Catenaa, Saturday, May 10, 2025-Senate Democrats withdrew support for a bipartisan stablecoin bill after pressure from Senate Minority Leader Chuck Schumer and Sen. Elizabeth Warren, Politico reported last Sunday (4), casting doubt on the future of the legislation. The reported intervention followed a closed-door meeting last week, where Schumer advised Democratic senators to hold back […]

Senate Reversal Puts US Stablecoin Bill at Risk

May 5, 2025

Catenaa, Tuesday, May 06, 2025-The future of a major US. stablecoin bill is uncertain after nine Senate Democrats, including four who had previously supported the measure, reversed their stance just days before a critical vote. The bipartisan GENIUS Act – Guiding and Establishing National Innovation for US Stablecoins -was poised to hit the Senate floor […]