The Senate passed a bill to regulate stablecoins June 17, marking a major step forward for one of two cryptocurrency bills Congress is working on. Lawmakers passed the Guiding and Establishing National Innovation for U.S. Stablecoins Act, or GENIUS Act, in a 68-30 vote, with 18 Democrats voting in favor of the mostly Republican-led legislation.

For many families, another key source of savings is the child tax credit. Senate Republicans proposed permanently increasing the credit available to parents, which would be set at $2,200 per child, beginning in the 2025 tax year. House Republicans had proposed to bump up the credit to $2,500, but only through 2028.