DemocratAmendment · S.Amdt. 2233· Senate(119-SAMDT-2233)

S.Amdt. 2233

Rep. Schiff
Age: 66 years
California
Introduced
5/20/2025
Sponsored by
Adam Schiff
Cosponsors
None
Changes bill
119-S-1582 — GENIUS Act
  1. Introduced
  2. Pending Consideration
  3. 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.