Maxine Waters

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Key Figures

Congress passed the Guiding and Establishing National Innovation for US Stablecoins Act, establishing the first federal regulatory framework for payment stablecoins. The law requires stablecoin issuers to maintain one-to-one reserves and obtain federal or state licensure. Critics noted the bill included a carveout that allowed the Trump family's affiliated stablecoin USD1 to operate under lighter-touch state rather than federal oversight.

On July 17, 2025, the U.S. House passed the GENIUS Act and sent the stablecoin bill to President Donald Trump. The House vote put a federal structure for payment stablecoins on the verge of becoming law.

Between October 22 and November 1, 2018, Cesar Sayoc, a 56-year-old Florida man who attended Trump rallies and covered his van in Trump stickers, mails 16 pipe bomb packages to prominent Democrats and Trump critics. Targets include: former President Barack Obama, former Secretary of State Hillary Clinton, former Vice President Joe Biden, Rep. Maxine Waters, Sens. Cory Booker and Kamala Harris, former Attorney General Eric Holder, former CIA Director John Brennan, former Director of National Intelligence James Clapper, billionaire George Soros, billionaire Tom Steyer, and actor Robert De Niro. None of the devices detonate. Bomb experts determine they were not configured to explode. Sayoc is arrested October 26, 2018 at an AutoZone in Plantation, Florida. His van is covered in images of Trump, pro-Trump slogans, and images of Trump critics with red crosshairs drawn over their faces. On March 21, 2019, Sayoc pleads guilty to 65 felony counts including attempted use of weapons of mass destruction. On August 5, 2019, he is sentenced to 20 years in federal prison. In letters written before sentencing, Sayoc says Trump rallies were the inspiration for his actions.