Amendment · S.Amdt. 2344· Senate(119-SAMDT-2344)

S.Amdt. 2344

Age: 63 years

Kentucky

Introduced: 6/9/2025
Sponsored by: Rand Paul
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

As folks down at the Capitol keeping an eye out for everyday Americans, let's look at what Mr. Paul's amendment, numbered SA 2344, actually tries to do. This proposal is meant to change the bill about regulating payment stablecoins by striking out a big chunk of text and replacing it with two specific points.

What It Changes

Eligibility: It makes clear that the Act does not change who is legally allowed to get services from a Federal Reserve bank or make deposits there.
Rule of Construction: It states that following this section does not change or affect any extra rules from a State payment stablecoin regulator that might apply to offering payment stablecoins.