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Home » Transcript: President Trump Remarks At GENIUS Act Bill Signing Ceremony

Transcript: President Trump Remarks At GENIUS Act Bill Signing Ceremony

Read the full transcript of President Donald Trump’s remarks at GENIUS Act Bill Signing Ceremony on July 18, 2025.

Presidential Introduction and Opening Remarks

PRESIDENT DONALD TRUMP: Thank you very much. Thank you very much. Keep going, we worked hard. We worked hard. Thank you very much. Thank you very much. Yeah, we worked hard. It’s a very important act, a genius act. They named it after me, and I want to thank you. I want to thank you. This is a hell of an act.

You know, I did something very unusual. I said, this has been something that’s been, a lot of people thought it was impossible, some of the things that have been done. And of course, the great big, I added the word great, the great big beautiful bill, that was something that nobody thought possible. They thought it would be in anywhere from seven to, maybe three, I’ll go the opposite direction, but three to seven different bills. And we said, let’s just put it in one, because this way there’s something for everyone. And there really is, there’s a lot of things for everyone.

And when we get the word out how great that is for every single person in this country, virtually. And all they have is the sound bite, death. You know, they sound bite is death. Aren’t they nice, death? They are the most incompetent people. They’ve lost their confidence. They’ve lost everything, if you think about it. But Jasmine Crockett is on her way. She’s on her way. She’s the new star of the Democrat Party, Jasmine Crockett. They’re in big trouble.

Congressional Negotiations and Relationships

But I have to tell you, that was great and this was great. And I’m so tired of making phone calls at two, three, four o’clock in the morning, getting calls from our great speaker. “Sir, we have 12 hard no’s.” They say, “Mike, Mike, it’s two o’clock in the morning. We have 12 hard no’s.” The good news is they call up, “Hello, Jim, how are you? Sir, you have my vote. Sir, you have my vote.” I really just, they just want a little love.

Unfortunately, it’s always the same. It’s always the same 12 people. It’s five senators and it’s 12 Congressmen. And I actually said to John Thune and I said to Mike, I said, listen, I want to have a party. But not to those people that I have to speak to endlessly every time. And they’re wonderful because they always seem to come through other than a couple. Rand Paul Jr. from Congress and Rand Paul from, no, other than a few people.

But I said, I want to have them over. We’re going to have a party for everybody in Congress. Everyone in Congress except 12. We’re going to have, and Mike is there. Tom, I tell you what, Tom is definitely coming. The whole group, where are those 12 people? They’re the only people I don’t see. We can do it today. We don’t have to vote. And I would say of the 53 senators, 48. We have 48 in here. You won’t even have to come to that one.

But these are the greatest people because they always vote yes and we don’t have to go crazy. You trust us, we trust you. That’s been a very special group of people. We really do. I mean, 96% phenomenal. And 4% extremely difficult. Do you agree with that? But they get there, most of them, not all of them. Those are the ones we really don’t like.

The GENIUS Act Signing

But I want to thank you all for being here. This is really a big day. This afternoon we take a giant step to cement the American dominance of global finance and crypto technology as we sign the landmark Genius Act into law. So congratulations to everybody. This is a big deal.

We’ve come a long way since the Biden administration when they had no idea what you were all talking about. And half of you are under arrest for no reason whatsoever. For no reason. And we want to have it, not China. China wasn’t actually happy. They were watching this. They like it. And we’ve got this. We’ve got AI. We’ve got a lot of great ones happening. And this is a very big thing.

Acknowledging Senator Bill Hagerty

I want to thank the Bill’s author, Senator Bill Hagerty, a very good friend of mine. Thank you, Bill. Thank you, Bill. He’s a great guy, Bill. He’s a great guy. He’s a very handsome guy. He looks great. He’s got the whole package. But, you know, I got to know him. He was the ambassador to Japan. And we had a little problem with Japan on trade. But he was my ambassador to Japan.

And I went to Japan. And he is speaking fluent Japanese. I said, “Did you learn it as a child?” “No, no, I just learned it over the last four or five months.” I said, “You learn Japanese?” Maybe the single hardest language to learn. It’s actually breathing rather than just breathing. I’m not going to imitate it because we’ll end up with a big story. I don’t want that. But he spoke totally fluent Japanese. I said, “That’s very impressive.”

And he was introducing me to Mr. Honda. I said, “Oh, are you in the car business?” He goes, “Yes.” I said, “You’re a very rich man.” And then he said, “Mr. Toyota.” Right? Toyota. And I said, “What business are you in? Let me guess.” He said, “Cars.” He was my interpreter. And I was so impressed.

And I was getting ready to leave. He said, “Sir, I’d like to run for the United States Senate.” I said, “Where are you from?” He said, “Tennessee.” I said, “Well, I love Tennessee. But do they know you there?” “No, but if you endorse me, I’ll win.” Right? And I endorsed him. And he took a 48-point lead. And they didn’t know who the hell he was.