Sludge @sludge.bsky.social · May 8

NEW: Senate Republicans have scheduled a cloture vote *this afternoon* on the GENIUS Act, a bill to establish industry-friendly regulations for stablecoins—a boost for Trump's new stablecoin, USD1. Several Senate Democrats are considering backing the bill, despite ethics concerns over corruption...

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Sludge · May 8

Today's cloture vote on the GENIUS Act is expected to be close... NEW report with @moreperfectunion.bsky.social Senate GOP Tees Up Vote on Crypto Bill Expected to Enrich Trump Family substack.perfectunion.us/p/senate-gop...