Banks and credit unions rarely agree on anything. But they seem to agree that they’re finally about to have some competition from crypto. Check out this letter to the @USOCC from all the bank and credit union trades saying “please don’t give charters to crypto companies!”

Worth highlighting from @SECPaulSAtkins’ statement on the passage of GENIUS yesterday—let the stablecoin integration into US capital markets commence

DC was a genius time. Thank you for your attention to this matter, @TomAndrews34 @AlexanderGrieve

What a historic moment for American innovation. Proud to stand with @POTUS and my colleagues as the GENIUS Act was signed into law. #GENIUSAct #Stablecoin #Cryptoweek #AR02

And there you have it. Genius is law.

I think @NeerajKA said it best: the capitulation won’t be because of any price, but granting that people were right that crypto is useful.

Big congrats to my friend Luke Pettit for being confirmed to become Asst. Secy for Financial Institutions at the Treasury Department! 69 votes to confirm! 🎉 Luke was banking cmte aide to Bill Hagerty (R-TN) and was a KEY driving force behind GENIUS and other important bills

This afternoon, President Trump will sign the GENIUS Act into law, the most monumental crypto legislation in American history. In doing so, we are securing dollar dominance, unlocking innovation, and putting the United States in permanent control of the future of digital finance. 🇺🇸

🚨🚨🚨 The House just passed my bill – The GENIUS Act! This historic legislation will bring our payment system into the 21st century. It will ensure the dominance of the U.S. dollar. It will increase demand for U.S. Treasuries. I look forward to @POTUS signing GENIUS into law – the first step in making America the crypto capital of the world.

Yesterday, I testified before Congress on the need to address bad IRS guidance on block rewards. Today, I published the blog below on why Trump's EO on digital assets offers the opportunity to do just that.