{"id":54172,"date":"2025-10-22T11:01:37","date_gmt":"2025-10-22T11:01:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=54172"},"modified":"2025-10-22T11:01:37","modified_gmt":"2025-10-22T11:01:37","slug":"elizabeth-warren-warns-genius-act-could-blow-up-our-entire-financial-system-without-tougher-rules","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=54172","title":{"rendered":"Elizabeth Warren Warns GENIUS Act Could &#8216;Blow Up Our Entire Financial System&#8217; Without Tougher Rules"},"content":{"rendered":"<div>\n<p>Senator <strong>Elizabeth Warren<\/strong> (D-Mass.) is urging the U.S. Treasury Department to strengthen oversight of the new stablecoin law signed by President<strong> Donald Trump<\/strong>, warning that the legislation could put consumers and the entire financial system at risk <a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/09\/47837070\/elizabeth-warren-wants-to-probe-trumps-crypto-czar-and-how-david-sacks-is-overstaying-his-130-day-term-limit-another-example-of-corruption\">if left unchecked<\/a>.<\/p>\n<h3 class=\"wp-block-heading\">Warren Calls GENIUS Act a &#8220;Light-Touch&#8221; Framework<\/h3>\n<p>Warren, the top Democrat on the Senate Banking Committee, <a href=\"https:\/\/www.theblock.co\/post\/375601\/sen-warren-slams-stablecoin-law-urges-treasury-address-trump-conflict-interest-concerns-financial-risks\">described<\/a> the Guiding and Establishing Innovation for U.S. Stablecoins Act, known as the GENIUS Act \u2014 as a &#8220;light-touch regulatory framework for crypto banks.&#8221;<\/p>\n<p>In a letter to Treasury Secretary Scott Bessent, she urged the department to adopt stricter enforcement measures to prevent corruption, financial instability, and conflicts of interest tied to Trump-linked ventures.<\/p>\n<p>&#8220;It is critical that Treasury take steps to implement and enforce the law in a manner that limits severe risks to U.S. financial stability, consumers, taxpayers, and national security,&#8221; &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/10\/48348735\/elizabeth-warren-warns-genius-act-could-blow-up-our-entire-financial-system-without-tougher\" alt=\"Elizabeth\" warren warns genius act could up our entire financial system without tougher rules>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Senator Elizabeth Warren (D-Mass.) is urging the U.S. Treasury Department to strengthen oversight of the new stablecoin law signed by President Donald Trump, warning that the legislation could put consumers and the entire financial system at risk if left unchecked. Warren Calls GENIUS Act a &#8220;Light-Touch&#8221; Framework Warren, the top Democrat on the Senate Banking [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-54172","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/54172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=54172"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/54172\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=54172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=54172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=54172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}