Missouri Sen. Hawley Breaks With GOP As Senate Backs Bailout For Crypto Investors

Hawley Breaks With GOP As Senate Backs Bailout For Crypto Investors

Sen. Josh Hawley broke with his party to oppose the GENIUS Act, a cryptocurrency bill.

Missouri Sen. Hawley Breaks With GOP As Senate Backs Bailout For Crypto Investors

Republican Missouri Sen. Josh Hawley broke with his party Thursday to oppose the GENIUS Act, a cryptocurrency bill that would require banks to prioritize stablecoin investors over regular depositors during financial collapses. The senator’s opposition throws a wrench into what appeared to be smooth sailing for the crypto industry’s top legislative priority. The bill would establish a […] Missouri Sen. Hawley Breaks With GOP As Senate Backs Bailo…

Josh Hawley Says He Opposes the GENIUS ACT, a Major Crypto Bill

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Republican Senator Josh Hawley Breaks With Party Lines, Opposes Upcoming GENIUS Act: Report - The Daily Hodl

Senator Josh Hawley is opposing party lines by voting against an upcoming stablecoin bill endorsed by the White House. According to a New York Times report, the Missouri Republican Senator is saying “no” to the upcoming GENIUS Act. “It’s a huge giveaway to Big Tech. It allows these tech companies to issue stablecoins without any kind of controls. I don’t see why we would do that.” According to the Times report, the GENIUS Act could potentially u…

Republican Senator Josh Hawley Breaks With Party Lines, Opposes Upcoming GENIUS Act: Report

Senator Josh Hawley is opposing party lines by voting against an upcoming stablecoin bill endorsed by the White House. According to a New York Times report, the Missouri Republican Senator is saying “no” to the upcoming GENIUS Act. “It’s a huge giveaway to Big Tech. It allows these tech companies to issue stablecoins without any... The post Republican Senator Josh Hawley Breaks With Party Lines, Opposes Upcoming GENIUS Act: Report appeared first…