33% of cosponsors on s1582-119 share Securities & Investment as their largest tracked donor sector
The GENIUS Act (s1582-119) would establish a federal regulatory framework for payment stablecoins, primarily affecting the Securities & Investment industry. Two of the bill's six cosponsors, including Tim Scott and Dan Sullivan, count Securities & Investment as their largest donor industry. Those two cosponsors have received approximately $9.75 million combined from Securities & Investment donors.