Congressional Digest

Congressional Digest December 2025 No. 10 Vol. 104
Honorable Kirsten Gillibrand

Cryptocurrency

PROS & CONS of Stablecoin Regulation

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Honorable Kirsten Gillibrand

Senator, New York, Democrat

Sen. Gillibrand is New York’s junior senator and was first appointed to the chamber in 2009 before winning election the following year. She serves on the following committees: Armed Services; Agriculture, Nutrition and Forestry; and Intelligence. The following is an excerpt from her speech delivered on the Senate floor on June 11, 2025, when she offered support for the GENIUS Act. Over the past several years, top U.S. financial regulators — both Democrats and Republican administrations — have repeatedly called on Congress to do their job: regulate this new industry; do your work; do the oversight; do the accountability; write…

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