DemocratAmendment · S.Amdt. 2276· Senate(119-SAMDT-2276)

S.Amdt. 2276

Rep. Blunt Rochester
Age: 64 years
Delaware
Introduced
5/22/2025
Sponsored by
Lisa Blunt Rochester
Cosponsors
None
Changes bill
119-S-1582 — GENIUS Act
  1. Introduced
  2. Pending Consideration
  3. Failed

What this amendment would do

  • Ms. Blunt Rochester submitted amendment SA 2276 to the bill S. 1582, which is about regulating payment stablecoins.

  • The amendment changes a specific part of the bill—section 18(c)(2)—by striking subparagraph (B) and replacing it with new language.

The Purpose of the Change

  • The purpose is to make sure that entities are subject to the jurisdiction of the United States regarding enforcement of the Act.

  • It also ensures they are subject to U.S. laws relating to anti-money laundering, countering the financing of terrorism, economic sanctions, financial fraud, and related financial crimes.

  • This includes laws administered by specific agencies: the Department of the Treasury, the Office of Foreign Assets Control, the Financial Crimes Enforcement Network, and the Department of Justice.