Senator Cynthia Lummis (@SenLummis): Today, @BankingGOP will markup @SenatorHagerty's GENIUS Act. Here’s a reminder of what this does:
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Today, @BankingGOP will markup @SenatorHagerty's GENIUS Act. Here’s a reminder of what this does: ➡️Defines a payment stablecoin ➡️Establishes clear procedures for institutions seeking charters to issue stablecoins ➡️ Promotes responsible innovation and protects consumers