Trump Pressure US Senate to Pass Budget and Cryptocurrency Bill

On June 4th, according to Blockworks, as the US Congress returns to session, senators will face a heavy workload if they want to meet the deadline set by President Trump. The first to expire was the massive tax and budget proposal put forward by Trump, known as the 'Beautiful Big Bill'. The updated version of the bill was narrowly passed in the House of Representatives last month with 215 votes to 214. The bill has now been sent to the Senate and is expected to encounter similar resistance among some Republican dissenters. The goal of the Republican leadership is to have the bill (the best version as close as possible to the current version) delivered to the President for signature before July 4th. The next task for the senators is to pass the GENIUS Act, which Trump hopes will be passed before the end of the summer. A source familiar with the matter revealed that the growing interests of the US president in the cryptocurrency industry pose a challenge to the bipartisan support of both the Republican and Democratic parties.