A Senate Commerce Committee bill aimed at combating robocalls has advanced, proposing stricter regulations and empowering the FCC to impose penalties on violators. The legislation seeks to enhance consumer protections and reduce the overwhelming number of unwanted calls affecting Americans. Lawmakers emphasize the need for swift action to address this persistent issue.
U.S. Senators Bill Hagerty and Kirsten Gillibrand are optimistic that the "Guiding and Establishing National Innovation for U.S. Stablecoins" (GENIUS) Act could pass the Senate next week, despite recent objections from Democrats regarding consumer protection and corporate involvement. The bill aims to establish a regulatory framework for stablecoins, with ongoing negotiations expected to address concerns raised by lawmakers.