Senate Banking Committee Chairman Scott, Sens. Hagerty, Lummis, Gillibrand Introduce Legislation to Establish a Stablecoin Regulatory Framework
February 05, 2025
February 05, 2025
WASHINGTON, Feb. 5 -- Sen. Tim Scott, R-South Carolina, chairman of the Senate Banking, Housing and Urban Affairs Committee, issued the following news release on Feb. 4, 2025:
Today, Chairman Tim Scott (R-S.C.) joined Senate Banking Committee members Senators Bill Hagerty (R-Tenn.) and Cynthia Lummis (R-Wyo.), as well as Senator Kirsten Gillibrand (D-N.Y.), in introducing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, legislation to establish a c . . .
Today, Chairman Tim Scott (R-S.C.) joined Senate Banking Committee members Senators Bill Hagerty (R-Tenn.) and Cynthia Lummis (R-Wyo.), as well as Senator Kirsten Gillibrand (D-N.Y.), in introducing the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, legislation to establish a c . . .