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Hello and welcome to the Punch Bull News Readback podcast. I'm your host, congressional reporter Max Cohen,

and today I'm joined by the vault co-author Brendan Peterson, who's here with us today to talk about the Genius Act,

a piece of cryptocurrency regulation legislation that passed the Senate this past week, which is exciting for

Brendan in particular who's been following this type of legislation for a long, long time.

Brendan, thanks to joining me. How you doing?

I'm doing well, Max. Thanks for having me.

Of course. We're talking off air about how rare it is to have a lot like this past, given how

difficult this subject has proven in Congress.

Just start off by reflecting first what the Genius Act does and, two, how we got to this moment

when it actually got across the finish line in the Senate.

Cool.

Yeah.

The Genius Act is unique, really for any financial

services bill doesn't pass by any chamber of Congress for a number of years. Especially the Senate.

This is the Senate's first major crypto bill in its history. But it's very rare in general that

Congress gives its blessing to a new financial

...