CfG President McIntosh Statement on GENIUS Act Senate Vote

Will Mitola  |   June 17, 2025

Washington, D.C. – Club for Growth President David McIntosh issued the following statement after the Senate passed the GENIUS Act, a common-sense regulatory framework for stablecoins that will boost innovation in the United States, by a vote of 68-30. Club for Growth issued a Key Vote Alert urging Senators to support the legislation before the vote.

 

“Club for Growth is encouraged by the continued progress in Congress toward establishing a stable, light-touch regulatory framework for stablecoins. We applaud Senate leaders for passing the GENIUS Act and their efforts to support innovation while limiting regulatory overreach in decentralized blockchain technology,” said Club for Growth President David McIntosh. “Now that the bill has cleared the Senate, the House must send the GENIUS Act to President Trump’s desk to solidify the United States as the global leader for digital assets and blockchain technology.”