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Ksenija Pavlovic on MSNCrypto Week Unravels: Trump Faces Rebellion Inside Republican RanksWhat was billed as a smooth legislative rollout for President Trump’s crypto agenda during “Crypto Week” is now unfolding into a tense standoff on Capitol Hill. Despite assurances from House Majority Leader Steve Scalise early Wednesday morning that Republicans had the votes to move forward on a rule tied to the crypto bills,
House Republicans blocked cryptocurrency legislation despite President Donald Trump's support, citing concerns about Senate changes to the GENIUS Act and potential CBDC implications.
Technology Technology The Big Story Crypto bills stall amid GOP infighting The House floor was locked at a standstill Wednesday afternoon as a diverse array of House
Florida lawmakers helped by the cryptocurrency industry are joining a House majority backing the first crypto regulatory bill adopted by Congress.
A dozen House Republicans bucked Trump and Speaker Mike Johnson to prevent the legislation from advancing on the floor -- joining the entire Democratic caucus -- and, at least temporarily, freezing activity in the House. The final tally was 196-223.
A key procedural vote fails in the U.S. House, halting progress on several crypto-related bills as bipartisan pushback stalls industry hopes.