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

[EarthFirst]

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

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

[Fiendish Thingy]

1. Guess the bribe checks haven't cleared yet

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

[BumRushDaShow]

2. We hit at the same time

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

Link to tweet

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.

[JMCKUSICK]

3. YAY