The GENIUS Act (s1582-119) establishes federal and state regulatory frameworks for payment stablecoins issued by banks and qualified nonbank payment institutions in the Securities & Investment industry. Senator John Cornyn (R-TX) voted YEA on s1582-119. Securities & Investment firms provided 11.3% of Cornyn's identifiable donations ($2.82M), and companies in this industry filed 8,168 lobbying reports on related issues since 2022.