Forbes Reporter: Bipartisan Group of Senators Near Consensus on Text of the GENIUS Act

According to Forbes reporter Eleanor Terrett, a bipartisan group of senators is close to reaching a consensus on the text of the GENIUS Act after days of intense renegotiations, which could allow the bill's advancement process to continue. However, the text has not yet been finalized. Senate leadership is discussing the procedural path to resume consideration of the GENIUS Act, including the amendment process and motions to reconsider. The goal (which may change) is to hold a final vote before the Memorial Day recess and before the reconciliation process begins, although the timeline may be delayed depending on whether a procedural agreement can be reached with the Democrats.