Trump signed the first federal stablecoin law while his family held a major stake in a stablecoin issuer
The GENIUS Act became law July 18, 2025; the final text contains no Trump-specific recusal provision.
S.1582 — GENIUS Act
Congress.gov · Primary record
- Link
- https://www.congress.gov/bill/119th-congress/senate-bill/1582
- Publication date
- 2025-05-01
- Accessed
- 2026-07-21
- Last verified
- 2026-07-21
- Type
- statute
- Document ID
- S.1582-119 / Public Law 119-27
- Excerpt used
“S.1582 became Public Law 119-27 on July 18, 2025.”
- Notes
- Official legislative record for the enacted stablecoin framework. Earlier draft data incorrectly identified the measure as S.394; the independent audit corrected it before publication.