Key Takeaways
- House Republicans blocked a procedural vote needed to consider two crypto bills on the House floor.
- The procedural failure prevents the digital asset bills from advancing for debate and voting at this session.
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House Republicans today blocked a procedural motion that would have allowed formal consideration of several key crypto regulations, including the GENIUS, CLARITY, and Anti-CBDC bills, a defense spending bill, and an amendment to release the Epstein files.
The failed motion prevented all the measures from advancing through the chamber. Despite clearing the Rules Committee yesterday, the crypto bills could not reach the floor without approval of the rule. Majority Leader Steve Scalise had scheduled the vote to set the terms of debate, with final passage expected later this week.
Speaker Mike Johnson pointed to internal disagreements within the Republican caucus. “We have some members who really, really want to emphasize the House’s product,” Johnson said, referring to calls to merge the crypto bills into a single legislative package.
The procedural failure also blocked consideration of a separate amendment that would have compelled the release of documents related to Jeffrey Epstein’s files, further inflaming tensions around the motion.
Johnson said the House will vote again on the rule later this afternoon. For now, key crypto legislation and unrelated controversial amendments remain in limbo.
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This article first appeared at Crypto Briefing