Las Vegas, Nevada-The US Senate seems to be close to passing on his landmark stableecoin lap proposal, Genius act — a match its master Cynthia Lummis (R-WYO.) Said has been incredibly hard fought.

“It’s been extremely difficult,” Lummis said during a fire chat with Coinbase’s Chief Legal Officer Paul Grewal in Bitcoin 2025 in Las Vegas on Tuesday. “I had no idea how hard this would be.”

Last week, the Senate voted to promote the bill and easily clear the 60-vote threshold required to kick the bill for its last discussion phase before the final vote to pass it completely off the body. An earlier attempt failed on a top starting basis after the Senate Democrats, led by prolonged crypto skeptic Elizabeth Warren (D-Mass.), As well as several Republicans, including Missouris Josh Hawley and Kentucky’s Rand Paul, voted against koagulature.

Lumming, whose staff (along with the bill’s co-sponsor, Kirsten Gillibrand (D-New York)) have played a key role in the negotiations behind the scenes to get the ingenious action adopted, said she believes the Senate has reached a final agreement. If the bill decides, both Lummis and Senator Bill Hagty (R-tenn.), Bills sponsor claimed that it would be the first legislation passed by Senate Bank Committee of eight years.

“It has taken a huge amount of work,” Hagty said, talking about a separate panel discussion on Tuesday. Hagty added that prolonged crypto-skeptic late. Elizabeth Warren (D-Mass.), Bill’s most important opponent, made an overall effort to withdraw the matter in the hope of stopping the progress of the legislation.

Hagty said the bill, once passed, would be the most bipartisan piece of legislation passing through the Senate’s banking committee for over a decade. While the bill’s supporters see that, as a victory, they are also frustrated with the difficulty of getting legislation generally adopted through the committee.

“We no longer have the muscle memory to legislate. It’s our job,” said Lummis. “It’s really very frustrating, very exhausting, and you have to keep your creativity, your sense of humor and your patience over you.”

Lummis added that she was “very hopeful”, the Senate could work behind the scenes with the house on a market structure bill, noting that Parliament has the benefit of “muscle memory” (after its passage of Fit21 last year) during the Senate when it comes to the next obsto-legislation.