[Congressional Record Volume 171, Number 98 (Monday, June 9, 2025)]
[Senate]
[Pages S3290-S3291]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2344. Mr. PAUL submitted an amendment intended to be proposed to 
amendment SA 2307 proposed by Mr. Thune (for Mr. Hagerty (for himself 
and Mrs. Gillibrand)) to the bill S.

[[Page S3291]]

1582, to provide for the regulation of payment stablecoins, and for 
other purposes; which was ordered to lie on the table; as follows:
        Beginning on page 38, strike line 10 and all that follows 
     through page 43, line 18, and insert the following:
       (12) Eligibility.--Nothing in this Act shall be construed 
     as expanding or contracting legal eligibility to receive 
     services available from a Federal Reserve bank or to make 
     deposits with a Federal Reserve bank, in each case pursuant 
     to the Federal Reserve Act.
       (13) Rule of construction.--Compliance with this section 
     does not alter or affect any additional requirement of a 
     State payment stablecoin regulator that may apply relating to 
     the offering of payment stablecoins.
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