Sacks @ 01:40:15Right
politicsgovernment
Within a few weeks of this June 2025 discussion, the US House of Representatives will pass the Genius Act (the stablecoin bill), after which President Trump will sign it into law during his current term.
And I would expect the House will act in the next few weeks on this. And then the president will have a bill he can sign.View on YouTube
Explanation
The GENIUS Act is the federal stablecoin bill discussed on the podcast. After the Senate passed it on June 17, 2025, the House of Representatives passed the bill on July 17, 2025, by a vote of 308–122. President Donald Trump signed it into law on July 18, 2025, making it Public Law 119‑27.
These dates are documented in:
- The GENIUS Act legislative history, showing House passage on July 17, 2025, and Trump’s signature on July 18, 2025. (en.wikipedia.org)
- Congress.gov, which lists S.1582 (GENIUS Act) as having "Became Public Law No: 119‑27" on July 18, 2025. (congress.gov)
- Contemporary news coverage confirming Trump signed the GENIUS Act on July 18, 2025. (politico.com)
The podcast aired June 21, 2025. The House acted 26 days later (about three and a half weeks), which reasonably fits the colloquial "next few weeks," and Trump did in fact receive and sign the bill during his current term. Both key elements of Sacks’s prediction—timing in the near future and ultimate presidential signature—were fulfilled, so the prediction is best judged right.