U.S. Senate · May 8, 2025
Roll call 240 · 119th Congress, session 1
S. 1582 — GENIUS Act
A vote to end debate and allow a final vote In the Senate, debate can continue indefinitely unless 60 senators vote to end it. This vote is that attempt. It decides whether the Senate may vote on the thing at all — not whether the thing passes. A failed cloture vote usually ends the matter without anyone ever voting on its merits.
Blocked
48 yes 49 no
The Senate said no · recorded as “Cloture on the Motion to Proceed Rejected”
Needed three-fifths (60 of 100 senators), the bar for ending debate.
What was being voted on
119-S-1582 — GENIUS Act
This bill establishes a regulatory framework for the issuance and operation of payment stablecoins in the United States. It limits the issuance of these assets to "permitted payment stablecoin issuers," who must maintain a 1-to-1 reserve of highly liquid assets. The bill creates a system of federal and state oversight, requiring monthly certifications and annual audits for larger issuers. It also implements strict anti-money laundering and sanctions compliance standards for issuers.
