TechFlow news, June 2 — FOX Business journalist Eleanor Terrett reported that as negotiations over amendments intensify, the U.S. Senate is preparing for a potential vote on the GENIUS Act. A recent poll has increased pressure on U.S. lawmakers to act swiftly.
The U.S. Senate will resume work on Monday, with a vote scheduled at 5:30 p.m. Eastern Time on a Defense Department nominee from Trump. However, the real focus lies behind the scenes: lawmakers are pushing forward the bipartisan GENIUS Act—a stablecoin bill—with Republican leaders hoping it can pass through the Senate this week.
According to sources familiar with the matter, the bill's sponsors are working to secure a "unanimous consent agreement" to enable rapid voting on a series of amendments without triggering a full procedural cloture vote.
