The House Republican approved a major procedural obstacle on Wednesday night, which disappears the floor, to consider the trio of the cryptocurrency bills. After two day saga,
The Chamber adopted a rule-which controls the debate on the law-217-212 votes, after most of the MPs of the GOP, who had opposed the procedural effort on Tuesday, gave up their position. The vote remained open for more than eight hours – Creating history as the longest vote In the House – were engaged in conversation behind the curtain as MPs.
Rape. Marjori Taylor Green (R-G.) was the only GOP “no” vote.
The GOP leadership was able to secure the support of the holdout for speed after two days of conversation after two days of conversation after agreeing to add a crypto provision to the National Defense Authority Act (NDAA), it should enroll a close law that will put it on a route to land on the desk of President Trump-assuming that it does not come out of a final bill, which is often written again.
“We were having a very productive meeting tonight, I mean, everyone was in good faith, they are all the same priorities, and I am glad that we will be able to fulfill it, also the President,” Speaker Mike Johnson (R-La.) Told reporters. “I just talked to him and obviously it is a big priority for him and it was for us.”
“And so it breaks the logs, allows us to do our work,” he said. “And sometimes it takes more time than other times, but it is part of all the process and you all know this work: we build consensus and we have done it tonight, so I’m very happy.”
This vote brings for several days to disorder on procedural obstacle, which stood in the way of arguing and the ability to debate the fleet of the Crypto law. With the rules adopted, the House can now debate the votes of the last route on three cryptocurrency bills and take a measure to fund the Pentagon for the financial year 2025.
The conversation drawn after 12 Hardline Republican began Vote against the rule On Tuesday, the house proceeded with the idea of bills and preventing them from leaving the floor at a stagnation.
President Trump To reduce the crisis Late Tuesday night, in exchange for a combination of two bills of Crypto, making a deal with most of the hardline group to vote in favor of the rule the next day.
However, it was quickly clear on Wednesday that it would not be smooth sailing.
Three GOP MPs – REPS. Chip Roy (Texas), Keith Self (Texas) and Green – voted for a procedural step to rethink “yes” on “yes” to initially rethink “yes”, so that the speed could be allowed to pass at the last time.
When the final rule came for one vote, Roy and Green again voted “no”.
Huizenga’s opposition underlined a major point of tension with the deal that the President reached with the staunch party.
Trump agreed to connect the provisions blocking the construction of the Central Bank Digital Currency (CBDC)-as the Anti-CBDC monitoring in the State Act, in one other bill of the three crypto bills on the floor, the Digital Asset Market Clarity Act.
The Digital Asset Market Clarity Act aims to provide a bright line with clear rules by drawing a bright line between the Securities and Exchange Commission and the Commodity Futures Trading Commission.
Trump’s deal demanded to reduce the main concern of the fundamentalists, which was that the Crypto Bill prepared the outline for CBDC.
While the House is ready to consider the anti-CBDC measure, it is unlikely to get enough support to clean the Senate. The Digital Asset Market Clarity Act also faces an uncertain future, but appeared to remove their concerns besides anti-CBDC provisions.
However, it seems that concern has arisen among other GOP MPs, including members of the House Financial Services Committee.
As it used to stay for hours and Johnson tried to overcome the vote, more members of the original hardline group turned their votes into “no”, while Huizenga turned his vote to “yes”.
The GOP leadership agreed to add anti-CBDC provision to NDAA, the holdout converted its votes back to “yes”, allowing the rule to pass.
The procedural vote brings the Genius Act, a bill that establishes a regulatory structure for dollar-supported digital tokens, called Stabechines, which is close to reality. If it cleanses the House, Bill goes to Trump’s desk, where the President has indicated that he is eager to sign the measure in the law.
