CONGRESS FOR VOTERS

Amendment · S.Amdt. 2337· Senate(119-SAMDT-2337)

S.Amdt. 2337

Rep. Warren

Age: 77 years

Massachusetts

Introduced: 6/9/2025
Sponsored by: Elizabeth Warren
Cosponsors: None

Changes bill: 119-S-1582 — GENIUS Act

Introduced
Pending Consideration
Failed

This amendment was never taken up, and the bill finished without it. It was never voted on.

What this amendment would do

What the amendment does: It requires every payment stablecoin issuer to follow sections 23A and 23B of the Federal Reserve Act.
How it treats issuers: It forces these companies to follow the exact same rules as a member bank under those specific sections.
Purpose of the change: To add restrictions on affiliate transactions for payment stablecoin issuers by treating them like regular member banks.