It's time now for Ask An Expert. Every weekday at 9:20 AM on KCBS, we're giving you direct access to top experts in various fields.

We're breaking down the Senate's GENIUS Act, a bipartisan measure that passed yesterday with a 68-30 vote. The landmark bill establishes a federal framework for U.S. dollar-backed cryptocurrency tokens called stablecoins.

For more, KCBS Radio news anchors Margie Shafer and Eric Thomas spoke with Christine Parlour, economics professor at Berkeley Haas School of Business.