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EarthFirst

(4,220 posts)
Tue Jul 15, 2025, 03:00 PM Jul 2025

Trump-backed crypto regulation bills fail to clear key hurdle in Congress

Source: CNBC

The U.S. House failed Tuesday to clear a key procedural hurdle that would have cleared the way for votes in the lower chamber on several crypto-related bills.

The failed vote delivers a major blow to to the crypto industry, which was hoping for a series of legislative wins this week — which had been billed as “Crypto Week.”

The final vote was 196-223, with 13 Republicans voting with Democrats to block the procedural motion, NBC News reports

This is breaking news. Please refresh for updates.

Read more: https://www.cnbc.com/2025/07/15/trump-crypto-bills-fails-key-hurdle-congress.html

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Trump-backed crypto regulation bills fail to clear key hurdle in Congress (Original Post) EarthFirst Jul 2025 OP
Guess the bribe checks haven't cleared yet Fiendish Thingy Jul 2025 #1
We hit at the same time BumRushDaShow Jul 2025 #2
YAY JMCKUSICK Jul 2025 #3

Fiendish Thingy

(24,115 posts)
1. Guess the bribe checks haven't cleared yet
Tue Jul 15, 2025, 03:06 PM
Jul 2025

If the cryptobros can buy 16 Dem senators, surely they can afford 13 republican reps.

BumRushDaShow

(172,341 posts)
2. We hit at the same time
Tue Jul 15, 2025, 03:12 PM
Jul 2025

Apparently the Rules package failed and some members complained that Amendments were not allowed while others wanted to combine into a single bill.




Brendan Pedersen
@BrendanPedersen
·
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Speaker Johnson says House members killed this rule because certain members want multiple crypto bills combined -- CLARITY, GENIUS and Anti CBDC Surveillance Act.

"This is the legislative process. We have some members who really, really want to emphasize the house's product"


(Pedersen is from Punchbowl News)

Luna & MTG wanted to amend due to Central Bank digital currency provision.

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