U.S. Senator Warren Davidson has raised concerns about the GENIUS Act, warning that it could undermine financial freedom and privacy in the United States. Davidson highlighted that the act, which focuses on stablecoins, could lead to a tightly monitored financial system, facilitating the implementation of a U.S. dollar central bank digital currency (CBDC) that might be used for surveillance and control. He also criticized the potential introduction of a digital ID system, arguing it would require government permission for individuals to access their funds. Senator Marjorie Taylor Greene echoed Davidson's concerns, stating her opposition to the GENIUS Act due to its potential to empower banks and create a pathway for CBDCs. Both senators expressed cautious optimism about the CLARITY Act's potential to protect self-custody, though Davidson noted its limited impact if the GENIUS Act is enacted.