H.R. 2392 · 119th Congress

STABLE Act of 2025

Introduced on Mar 26, 2025 by Bryan Steil (R-WI-1). 17 cosponsors, 4 of them from another party. Latest action (May 6, 2025): Placed on the Union Calendar, Calendar No. 68.

Stage
Reported by committee
Introduced
Mar 26, 2025
Cosponsors
17
4 from the other party
Policy area
Finance and Financial Sector
Open in the Congress explorerCongress.govAlert me

Progress

The furthest stage the measure reached. Simple and concurrent resolutions do not go to the President.

  1. Introduced
  2. Reported by committee
  3. 3Passed one chamber
  4. 4Passed both chambers
  5. 5Sent to the President
  6. 6Became law

Official title

To provide for the regulation of payment stablecoins, and for other purposes.

Subjects

  • Bank accounts, deposits, capital
  • Banking and financial institutions regulation
  • Civil actions and liability
  • Computer security and identity theft
  • Computers and information technology
  • Congressional oversight
  • Consumer affairs
  • Currency
  • Digital media
  • Financial services and investments
  • Fraud offenses and financial crimes
  • Government studies and investigations
  • Judicial procedure and administration
  • Securities
  • State and local government operations

Summary

The Congressional Research Service has not summarized this measure yet.

Sponsor and cosponsors

Cosponsors by party as of the day they signed on. Original cosponsors signed on the day of introduction.

Bryan SteilR-WI-1Sponsor

Democrats · 4

Republicans · 13

Roll calls

Recorded votes on the measure. Most measures move by voice vote or unanimous consent, which record no individual positions.

No recorded roll call on this measure: it moved by voice vote or unanimous consent, or has not reached the floor.

History

Every action as published, oldest first. Roll calls link to how each member voted.

  1. Mar 26, 2025Introduced in House
  2. Mar 26, 2025Introduced in House
  3. Mar 26, 2025 · HouseReferred to the House Committee on Financial Services.
  4. Apr 2, 2025 · HouseCommittee Consideration and Mark-up Session Held
  5. Apr 2, 2025 · HouseOrdered to be Reported (Amended) by the Yeas and Nays: 32 - 17.
  6. May 6, 2025Reported (Amended) by the Committee on Financial Services. H. Rept. 119-94.
  7. May 6, 2025 · HouseReported (Amended) by the Committee on Financial Services. H. Rept. 119-94.
  8. May 6, 2025 · HousePlaced on the Union Calendar, Calendar No. 68.

Committees

Committees and subcommittees the measure was referred to.

Agencies in its committees' jurisdiction

Analisa's mapping of committee jurisdiction to federal agencies; the bill may touch others, or none of these.

Who lobbied on it

Organizations whose lobbying reports (LD-2) name this measure. Spending is what they reported for those quarters on all issues, not on this measure alone.

  1. PayPal, Inc.14 reports
    $1.6M reported (all issues)
  2. STRIPE, INC.11 reports
    $420K reported (all issues)
  3. Circle Internet Financial, Inc.10 reports
    $360K reported (all issues)
  4. Citigroup Washington, Inc.9 reports
    $8.2M reported (all issues)
  5. NORTHERN TRUST CORPORATION8 reports
    $170K reported (all issues)
  6. American Association for Justice6 reports
    $9.2M reported (all issues)
  7. American Bankers Association6 reports
    $14.2M reported (all issues)Federal contractor: AMERICAN BANKERS ASSOCIATIONAI match · 100%
  8. Anchorage Digital Bank6 reports
    $360K reported (all issues)
  9. Ava Labs Inc.6 reports
    $306K reported (all issues)
  10. BANK POLICY INSTITUTE6 reports
    $4.6M reported (all issues)
  11. BLOCKCHAIN ASSOCIATION6 reports
    $2M reported (all issues)
  12. CF Secured LLC6 reports
    $720K reported (all issues)
  13. Crypto Council for Innovation6 reports
    $458K reported (all issues)
  14. DIGITAL CURRENCY GROUP6 reports
    $2.3M reported (all issues)
  15. Filecoin Foundation6 reports
    $420K reported (all issues)
  16. PARADIGM OPERATIONS LP6 reports
    $980K reported (all issues)
  17. PAYWARD INC. D/B/A KRAKEN6 reports
    $1.5M reported (all issues)
  18. SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION6 reports
    $12.9M reported (all issues)
  19. WELLS FARGO AND COMPANY6 reports
    $4.1M reported (all issues)
  20. BANK OF AMERICA CORPORATION5 reports
    $4.5M reported (all issues)Federal contractor: BANK OF AMERICA, NATIONAL ASSOCIATIONAI match · 99%
  21. Circle5 reports
    $550K reported (all issues)
  22. GOWEST CREDIT UNION ASSOCIATION5 reports
    $310K reported (all issues)
  23. JPMORGAN CHASE HOLDINGS LLC5 reports
    $5.6M reported (all issues)
  24. LMAX Group5 reports
    $250K reported (all issues)
  25. MoonPay USA LLC5 reports
    $250K reported (all issues)
  26. Mysten Labs, Inc.5 reports
    $370K reported (all issues)
  27. NATIONAL VENTURE CAPITAL ASSOCIATION5 reports
    $3.9M reported (all issues)
  28. PWC US GROUP LLP5 reports
    $4.2M reported (all issues)
  29. SOLANA POLICY INSTITUTE5 reports
    $560K reported (all issues)
  30. TRON blockchain and DAO (as supported by Tron Tech Limited and Rainco Pte Ltd.)5 reports
    $220K reported (all issues)
  31. VISA INC5 reports
    $9.4M reported (all issues)
  32. ANCHOR LABS, INC.4 reports
    $470K reported (all issues)
  33. CME GROUP INC.4 reports
    $1.7M reported (all issues)
  34. DEFI EDUCATION FUND4 reports
    $140K reported (all issues)
  35. Pudgy Penguins, Inc.4 reports
    $270K reported (all issues)
  36. Tether Holdings, S.A. de C.V.(Formerly Known As Tether Operations, S.A. de C.V.)4 reports
    $90K reported (all issues)
  37. Xapo Bank Limited4 reports
    $280K reported (all issues)
  38. CENTER FOR RESPONSIBLE LENDING, A SUPPORTING CORP OF CTR FOR COMMUNITY SELF-HELP3 reports
    $220K reported (all issues)
  39. COINBASE INC.3 reports
    Federal contractor: COINBASE INC$4.4M in contracts, FY2026AI match · 99%
  40. CREDIT UNION NATIONAL ASSOCIATION, INC.3 reports
    $3.4M reported (all issues)

Reports filed in 2025, 2026.

Sources and method

Every figure on this page traces to these records.

  • Bill status: bills and resolutions, sponsors, actions, subjects and CRS summaries (U.S. Government Publishing Office (GovInfo), from Congress.gov (Library of Congress))GovInfo Bill Status bulk data (Congress.gov; summaries by the Congressional Research Service) · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Members of Congress, their terms, committees and identifiers (The @unitedstates project (from the Biographical Directory of the U.S. Congress, the House and the Senate))unitedstates/congress-legislators: legislators, committees and current committee membership · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: CC0 1.0 (public domain dedication)
  • House roll-call votes (Office of the Clerk, U.S. House of Representatives)Office of the Clerk, U.S. House of Representatives, roll-call vote records · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Senate roll-call votes and DW-NOMINATE scores (Voteview (UCLA Department of Political Science))Lewis, Jeffrey B., Keith Poole, Howard Rosenthal, Adam Boche, Aaron Rudkin, and Luke Sonnet (2026). Voteview: Congressional Roll-Call Votes Database. https://voteview.com/ · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Free to use with the required citation
  • Lobbying disclosures (LD-1 registrations, LD-2 quarterly reports, LD-203 contribution reports) (Clerk of the U.S. House of Representatives)Clerk of the House, Lobbying Disclosure Act filings (organizations only; lobbyists' names are not loaded) · data current to Oct 5, 2026 · loaded Oct 5, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Positions are shown only where a roll call recorded them; voice votes and unanimous consent record none.
  • Money and votes are shown side by side; neither explains the other.