We thought that would be a lighter lift. And then doing market structure later, what we found out was that it was not a light lift. We failed in our first cloture vote, which was a huge surprise because that bill came out of the Senate Banking Committee with bipartisan support. And just a week before the cloture vote, the Democrats said, we're not with you anymore. So we had the failed cloture vote. (01:53–02:08)
CLAIM
Asserts that the first cloture vote on the Genius Act failed despite bipartisan support.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
