Key U.S. Lawmaker McHenry Says House Has ‘Workable’ Stablecoin Bill

“The administration’s willingness to move forward with stablecoin legislation, I think, makes it by far the most optimal portion of this to move forward,” Lummis said, noting that Sen. Chuck Schumer (D-N.Y.), the majority leader of the Senate, has said he’s willing to consider such a bill.