U.S. Senate · June 17, 2025
Roll call 318 · 119th Congress, session 1
S. 1582 — GENIUS Act
The vote on whether to pass the bill This is the real decision in this chamber. Passing here sends the bill to the other chamber, which must pass it too before it can go to the President.
Passed
68 yes 30 no
The Senate said yes · recorded as “Bill Passed”
Needed a simple majority — more than half of those voting.
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.
