The GENIUS Act (s1582-119) would establish federal and state regulatory frameworks for payment stablecoins issued by banks and qualified financial institutions in the Securities & Investment industry. Senator Rand Paul (R-KY) voted NAY on s1582-119. The Securities & Investment industry comprises 14.1% of Senator Paul's identifiable donor base ($2.93M, ranking #8 in his party), and companies in this sector filed 8,168 lobbying reports on related issues since 2022.