GENIUS Act, Texas v. BlackRock, DOJ v. Visa

An update on the GENIUS Act stablecoin bill making its way through Congress — which is important to companies like Coinbase, Robinhood and Circle — was among the key catalysts Bloomberg Intelligence litigation and policy analysts are watching this week. The team also discussed potential bills to increase credit-card competition and cap credit-card fees, which could affect Visa, Mastercard, American Express and Discover. We also discussed pending motions to dismiss in a pair of antitrust cases - one by Texas and other red states against BlackRock, Vanguard and State Street alleging collusion to reduce coal output, and the other a Justice Department monopolization case against Visa over debit transactions. Finally, we discussed the status and outlook of lawsuits challenging US “Liberation Day” and fentanyl-related tariffs.See omnystudio.com/listener for privacy information.

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GENIUS Act, Texas v. BlackRock, DOJ v. Visa

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