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Press Release: Senator Pete Ricketts Applauds Signing of GENIUS Act into Law

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Senator Pete Ricketts celebrates the signing of the GENIUS Act, enhancing stablecoin regulations and consumer protections.

Quiver AI Summary

U.S. Senator Pete Ricketts (R-NE) issued a statement celebrating the recent signing of the GENIUS Act by President Trump, describing it as a "revolutionary" measure for stablecoins that seeks to protect consumers while fostering innovation. He emphasized the act's focus on national security and its role in advancing the U.S. dollar.

Ricketts highlighted Nebraska's significant contributions to the stablecoin industry and indicated that his amendment would prioritize states like Nebraska in the certification process. He expressed enthusiasm for future legislation related to digital asset market structures.

The GENIUS Act aligns with Ricketts' previous efforts as governor to establish Nebraska as a leader in the digital asset space, having signed state-level regulations aimed at fostering financial innovation.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

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Pete Ricketts Net Worth

Quiver Quantitative estimates that Pete Ricketts is worth $185.1M, as of July 19th, 2025. This is the 7th highest net worth in Congress, per our live estimates.

Ricketts has approximately $107.8M invested in publicly traded assets which Quiver is able to track live.

You can track Pete Ricketts's net worth on Quiver Quantitative's politician page for Ricketts.

Pete Ricketts Bill Proposals

Here are some bills which have recently been proposed by Pete Ricketts:

  • S.2130: AUKUS Improvement Act of 2025
  • S.2108: VARIANCE Act
  • S.2048: PRC Military and Human Rights Capital Markets Sanctions Act of 2025
  • S.2047: No Capital Gains Allowance for American Adversaries Act
  • S.2046: No China in Index Funds Act
  • S.2045: Protecting Endowments from Our Adversaries Act

You can track bills proposed by Pete Ricketts on Quiver Quantitative's politician page for Ricketts.

Pete Ricketts Fundraising

Pete Ricketts recently disclosed $656.3K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 102nd most from all Q2 reports we have seen this year. 41.3% came from individual donors.

Ricketts disclosed $414.4K of spending. This was the 113th most from all Q2 reports we have seen from politicians so far this year.

Ricketts disclosed $1.5M of cash on hand at the end of the filing period. This was the 207th most from all Q2 reports we have seen this year.

You can see the disclosure here, or track Pete Ricketts's fundraising on Quiver Quantitative.

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