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US Banking Groups Push to Amend Trump’s GENIUS Law Over Financial Risk Concerns
The largest U.S. banking associations—including the Bank Policy Institute, Financial Services Forum, and American Bankers Association—are calling for urgent revisions to the GENIUS Act, signed by former President Trump last month.
Industry groups warn the law introduces structural flaws that may increase deposit liquidity risks and elevate credit risk exposure across the financial system.
Concerns center on regulatory gaps and operational ambiguities that, if left unaddressed, could impact banking stability and capital market flows heading into 2026.