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
This amendment was submitted by Ms. Warren to the bill S. 1582, which is about the regulation of payment stablecoins. Right now, we need to keep an eye on what our elected officials are trying to change so we can hold them accountable.
Purpose of the Amendment
- The amendment aims to change section 4(b)(1) of the bill.
- It removes language that says a certain rule applies ``Notwithstanding section 5136C of the Revised Statutes (12 U.S.C. 25b), section 6 of the Home Owners' Loan Act (12 U.S.C. 1465), or any applicable State law relating to licensing and supervision, a''.
- It replaces that removed language with simply ``A''.
- 6/9/2025
- Senate amendment submitted
This bill has no cosponsors