The GENIUS Act is a historic first step in establishing a regulatory framework for stablecoins and asserting dollar dominance. I joined Squawk Box on CNBC to discuss.

@SquawkCNBC @CNBC There is a ton riding on this. Get it done Senator!

Explore how Bitcoin transcends gold as a safeguard against inflation and central bank policies. ‘Bitcoin Nation’ delves into the essence of sound money, offering insights into financial sovereignty and the limitations of fiat systems. Discover why Bitcoin is superior to gold.

Senator Hagerty’s GENIUS Act is a critical step to rein in the regulatory chaos left by the Biden administration, which allowed stablecoins to operate in a regulatory gray zone that endangered consumers and stifled innovation. The bill’s focus on 100% reserve backing and monthly transparency reports forces accountability—something sorely missing under prior leadership. By mandating that issuers hold reserves in U.S. dollars or Treasuries, it prevents the reckless fractional reserve practices that could destabilize the financial system. The $10B threshold for federal oversight ensures smaller innovators aren’t crushed by D.C. bureaucracy while maintaining safeguards against systemic risk. This framework directly aligns with President Trump’s executive order on digital assets, which prioritized dollar dominance and innovation without compromising security. The GENIUS Act doesn’t just regulate—it strategically positions the U.S. to lead the next era of financial infrastructure, cutting through the red tape that let foreign jurisdictions like the EU’s MiCA outpace American competitiveness.

@SquawkCNBC @CNBC @HawleyMO and @RandPaul need to stop sabotaging this bill

@SquawkCNBC @CNBC Let's get it done.

@SquawkCNBC @CNBC 👍

@SquawkCNBC @CNBC Crypto is an orchestrated attack upon the dollar.

@SquawkCNBC @CNBC We desperately need stablecoin regulations.

@SquawkCNBC @CNBC 🎯

@SquawkCNBC @CNBC You could have told her that Warren is the problem. You know it. Call her out