Statement on Senate Cloture Vote for the GENIUS Act

Washington, D.C. – Club for Growth President David McIntosh issued the following statement in response to the Senate’s vote to invoke cloture on the GENIUS Act:

“Club for Growth is pleased to see continued momentum toward a stable, light-touch regulatory framework for stablecoins—and a clear rejection of the Biden-era policies aimed at eradicating digital assets. We urge House and Senate leaders to prioritize final passage of pro-growth stablecoin and market structure legislation before the August recess and ensure that the United States becomes the global capital for digital assets.” — David McIntosh, President, Club for Growth