Republican members of the U.S. House of Representatives failed to pass a procedural motion.

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Phyrex
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8 hours ago

Republican members of the U.S. House of Representatives failed to pass a procedural motion, resulting in the inability to advance three cryptocurrency bills, including stablecoin regulations, and the defense spending bill to the formal consideration stage.

Vote results: 196 votes in favor vs. 222 votes against

The included cryptocurrency bills are primarily:

GENIUS Act (stablecoin regulations)

CLARITY Act (digital asset market structure regulation)

Anti-CBDC Surveillance State Act (preventing excessive surveillance of central bank digital currencies)

During the Rules Committee stage, Democrats criticized these bills for "generous donations from the cryptocurrency industry," while emphasizing that "defense spending" should take priority on the agenda, ultimately leading to the failure of the procedural motion.

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