Crypto bills stall in Congress for second day

Steve Scalise, a Republican from Louisiana, talks to the media members at the US Capitol, the US Capitol on Washington, DC on Wednesday, July 16, 2025.
Valerie Plesch | Bloomberg | Getty Images
On Wednesday, the future of a triple crypto arrangement invoice, the Republicans stopped the legislation after the second day of the opposition from the conservative Assembly.
In the early hours of the day, a new opposition emerged and from a new Republican block that objected to the last -minute changes proposed to appease the original conservative retention from a day.
The negotiations continue, but from 17:30, more than half a dozen Republican had allowed all democrats to advance the two regulation bills in their current forms.
Parliament Speaker Mike Johnson, R.-La., only a handful of Republican votes may lose and still take measures in a party line vote.
The output has created doubts that the Parliamentary Republican Conference could adequately align its different views on the crypto regulation of the Crypto, to advance the bills enough to enjoy large -based support in general.
The new stumbles on Wednesday are also asking questions about the limits of the influence on party members led by President Donald Trump.
A necessary step to allow the discussion-11. After the hourly negotiations and Trump’s Tuesday evening intervention, the second trial to get another group holding group.
Trump met with about a dozen conservative Republican late on Tuesday evening. Later, according to late at night, they said, “They all agreed to vote in favor of the rule.” Real Social Post.
The ongoing deadlock for the crypto industry was a sharp disappointment and threatened to overcome the hope of accepting the crypto legislation during those invoiced as “crypto week”.
The new opposition on Wednesday, not only conservative Hardliners, but from the key committees who wrote the legislation came from deputies.
For example, members of the Financial Services Committee opposed the last -minute settings made by leadership to combine two invoices. Policy.
The three invoice in question includes the Genius law last month, and the two people who first passed the Parliament: the Law of Britain and a draft law that will prevent the Federal Reserve from establishing a digital currency of a central bank.
Opportunities are still being withdrawn and the Republican Leadership is thinking an alternative plan: Punchbowl reports.
This is an developing story. Please check again for updates.