1st Quarter - Report

INVARIANT LLC for CIRCLE

Firm
Client
Income
$110,000
Expenses
—

What was lobbied

2 issue areas, each in the filer's own words, with who lobbied on it and where.

Financial Institutions/Investments/Securities FIN

Educate policymakers on Circle's business model. Educate Members of Congress on stablecoin and cryptocurrency issues and legislation, including P.L. 119-27, the GENIUS Act; H.R. 2392, the STABLE Act of 2025; and H.R. 3633, the CLARITY Act of 2025. Monitor cryptocurrency proposals.

LobbyistCovered position, as disclosed
ALEJANDRO CISNEROS —
CAROLYN G CODA —
ALDEN KNOWLTON —
NOAH MARINE —

Contacted: HOUSE OF REPRESENTATIVES; SENATE

Bills named: H.R. 3633 (119th), H.R. 2392 (119th)

Taxation/Internal Revenue Code TAX

Educate policymakers on tax proposals impacting the treatment of digital assets.

LobbyistCovered position, as disclosed
ALEJANDRO CISNEROS —
CAROLYN G CODA —
ALDEN KNOWLTON —
NOAH MARINE —

Contacted: SENATE; HOUSE OF REPRESENTATIVES

Shown as published by the Senate Office of Public Records and the House Clerk under the Lobbying Disclosure Act. The official filing is the record; open it for the full form.