The GENIUS Act (s1582-119) would establish federal and state regulatory frameworks for payment stablecoins issued by Securities & Investment institutions. Senator Tim Scott (R-SC) voted YEA on s1582-119. Securities & Investment is the ninth-largest donor industry to Scott, comprising 13.8% of identifiable donations ($5.43M), while companies in this sector filed 8,168 lobbying reports on related issues since 2022.