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# The Executive Branch Urges the Legislature to Accelerate the “GENIUS Act,” Targeting Trump’s Approval in 60 Days
The Executive Branch is apparently exerting considerable influence to hasten the approval of the “GENIUS Act” via the Legislative Branch, a legislative proposal crafted to oversee payment stablecoins.
Per *The American Cryptocurrency*, the objective is to deliver the measure to Chief Executive Donald Trump within the ensuing couple of months.
The legislative proposal, presented by Senator Bill Hagerty, passed the Senate Banking Committee on March 13 with an 18-6 tally. It is anticipated to reach the Senate floor in the coming month, with Majority Leader John Thune supervising its advancement.
Should the legislative proposal secure substantial bipartisan backing – possibly attaining 70 votes – the Executive Branch and prominent legislators might endeavor to circumvent the customary reconciliation procedure with the House’s rival “STABLE Act.”
This information corresponds with prior declarations issued by the Executive Branch at virtual currency discussions and digital asset gatherings, wherein they suggested Chief Executive Trump would obtain the legislative proposal within a couple of months.
## “STABLE Act” Revisions
The House’s “STABLE Act,” backed by Representatives French Hill and Bryan Steil, is scheduled for revisions in the House Financial Services Committee on April 2. While certain legislators aspire to resolve the discrepancies between the two legislative proposals, others are encouraging the House to embrace the Senate edition to avert postponements.
One virtual currency advocate informed *The American Cryptocurrency*, “The impetus to proceed swiftly is intensifying. If the ‘GENIUS Act’ garners 70 votes, the House will encounter significant strain to concede and sanction it in its present form.” Toncoin (TON) Value Forecast for March 26th
