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U.S. Senate Majority Leader John Thune expects to push for passage of stablecoin bill this week
2025-06-10 00:53

Odaily News U.S. Senate Majority Leader John Thune said on Monday that Senate Republicans are seeking to pass a landmark stablecoin bill this week that will establish new regulations for digital tokens pegged to the U.S. dollar. Thune said he is currently working to find a way to advance the amendment, with the goal of having the bill up for a vote in the full Senate this week. On Monday, Thune filed a motion to end debate on the bill, and another procedural vote on the motion will be held as early as Wednesday. Republican leaders have been seeking to reach an agreement on amendments to speed up the final vote, but have so far failed, mainly because Republican Senator Roger Marshall of Kansas has pushed for a vote on controversial legislation to combat credit card swipe fees. (Politico)