Not adopted
This amendment was never taken up, and the bill finished without it. It was never voted on.
Its path through Congress
- Introduced
- Pending Consideration
- Failed
What this amendment would do
-
Mr. Schiff submitted amendment numbered SA 2233 to the bill S. 1582, which relates to the regulation of payment stablecoins.
-
The purpose of the amendment is to hold officials accountable by adding a new rule regarding acts affecting a personal financial interest.
-
It amends section 208 of title 18, United States Code, by adding a specific definition at the end.
-
The amendment adds that a financial interest includes an interest in the issuance, purchase, sale, or holding of a payment stablecoin, as defined in section 2 of the GENIUS Act.
- 5/20/2025
- Senate amendment submitted
This bill has no cosponsors