Crypto bills lock House in stalemate as GOP hard-liners defy Trump

Crypto bills lock House in stalemate as GOP hard-liners defy Trump

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  • Crypto bills lock House in stalemate as GOP hard-liners defy Trump</p>

<p>JAY O'BRIEN, JOHN PARKINSON, LAUREN PELLER and LALEE IBSSAJuly 17, 2025 at 3:25 AM</p>

<p>A day after President Donald Trump claimed a deal was reached with GOP holdouts, the House is yet again at a standstill over moving forward on a trio of crypto bills.</p>

<p>The vote to advance the crypto bills -- CLARITY, GENIUS and Anti CBDC Surveillance Act -- remains open Wednesday afternoon. There are currently three GOP no votes and 16 Republicans withholding their votes.</p>

<p>Speaker Mike Johnson is huddling with hard-liners and members of various committees in the ceremonial office off the House floor as a vote on the rule remains open. Reps. Byron Donalds, Lauren Boebert, Victoria Spartz and Dan Meuser were spotted leaving the room. As lawmakers find a path forward, carts of food and alcohol have been brought into the room.</p>

<p>MORE: What to know about the GENIUS Act, a crypto regulation bill</p>

<p>Nathan Howard/Reuters - PHOTO: President Donald Trump raises his fist while boarding Air Force One, as he departs for Pennsylvania, at Joint Base Andrews, Md., July 15, 2025.</p>

<p>On Tuesday, Trump -- who has said crypto is a top priority for his administration -- said he made a deal with the Republicans who voted against the crypto bills earlier in the day. Hard-liners claimed the deal included redoing a provision in the CLARITY Act to strengthen anti-Central Bank Digital Currency.</p>

<p>"​​Under this agreement, the Rules Committee will reconvene later today to add clear, strong anti–Central Bank Digital Currency (CBDC) provisions to the CLARITY legislation This is an important step to ensure Americans are protected from government overreach into their financial privacy," Freedom Caucus Chairman Andy Harris said in a post on X.</p>

<p>Earlier Tuesday, a dozen House Republicans bucked Trump and Johnson to prevent the legislation from advancing on the floor -- joining the entire Democratic caucus -- and, at least temporarily, freezing activity in the House.</p>

<p>Chip Somodevilla/Getty Images - PHOTO: Speaker of the House Mike Johnson celebrates the passage of President Trump's spending and tax bill in the U.S. Capitol, July 3, 2025 in Washington.</p>

<p>Prior to the rule vote, drama played out on the House floor during a nearly hourlong procedural vote. Several Republicans were voting in opposition, but all ultimately flipped.</p>

<p>Johnson was huddling with the holdouts during the vote including Reps. Chip Roy, Marjorie Taylor Greene, Anna Paulina Luna, Eli Crane, Byron Donalds, Victoria Spartz, Scott Perry, Andy Biggs and Andy Ogles. The conversations appeared at times tense.</p>

<p>MORE: Trump's sons distance themselves from new Trump-branded crypto venture</p>

<p>The votes come during what the White House is calling "Crypto Week."</p>

<p>Trump, who launched his own crypto meme coin earlier this year, recently said he is a "fan of crypto" and called it a "very powerful industry" that the U.S. has "dominated."</p>

<p>"I'm president. And what I did do there is build an industry that's very important," Trump said last month. "If we didn't have it, China would."</p>

<p>Once a crypto skeptic, Trump and his family have fully immersed themselves in the cryptocurrency marketplace, developing not only the $TRUMP meme coin, but also a bitcoin mining firm, a stablecoin firm and a crypto reserve.</p>

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Source: "AOL Politics"

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