After an earlier setback for the Trump administration when Home Republicans did not advance a key procedural vote on a bundle of laws together with three crypto measures, President Donald Trump mentioned late Tuesday he has made a cope with Republican members of Congress to advance the laws on Wednesday.
Trump mentioned in a submit on his Fact Social platform that he met within the Oval Workplace with 11 of the 12 GOP members wanted to go the bundle.
“After a brief dialogue, they’ve all agreed to vote tomorrow morning in favor of the Rule,” Trump mentioned. “Speaker of the Home Mike Johnson was on the assembly through phone, and appears ahead to taking the Vote as early as doable.”
Trump didn’t present specifics concerning the deal.
In a prolonged assertion launched later, Johnson thanked Trump for serving to lock down the mandatory votes to advance the crypto laws.
“I am grateful for President Trump getting concerned tonight to make sure that we are able to go the GENIUS Act tomorrow and agreeing once more to assist us advance further crypto laws within the coming days,” Johnson mentioned, referencing the title of one of many payments.
Earlier Tuesday, a dozen Home Republicans bucked Trump and Johnson to stop the laws from advancing on the ground — becoming a member of all the Democratic caucus — and, at the very least briefly, freezing exercise within the Home. The remaining tally was 196-223.
Johnson had mentioned earlier that whereas he anticipated that there could also be sufficient opposition to defeat the trouble, he felt that it was “necessary” to attempt to advance the payments. Republicans have a slim majority within the Home — with 220 Republicans in comparison with 212 Democrats.
Johnson mentioned that he would try to work with Republican holdouts to reply questions.
The speaker defined that conservatives who voted towards the rule need the crypto payments — CLARITY, GENIUS and Anti CBDC Surveillance Act — mixed into one massive bundle, somewhat than take separate standalone votes on every measure.
President Donald Trump raises his fist whereas boarding Air Power One, as he departs for Pennsylvania, at Joint Base Andrews, Md., July 15, 2025.
Nathan Howard/Reuters
“That is the legislative course of. We’ve some members who actually, actually wish to emphasize the Home’s product,” Johnson mentioned. “They wish to, wish to push that and merge them collectively. We’re making an attempt to work with the White Home and with our Senate companions on this. I feel everyone is insistent that we’ll do all three, however a few of these guys insist that it must be multi function bundle.”
The intraparty insurrection comes after Trump strongly urged Republicans to vote in favor of advancing the crypto payments.
“The GENIUS Act goes to place our Nice Nation lightyears forward of China, Europe, and all others, who’re making an attempt endlessly to catch up, however they simply cannot do it,” Trump posted on Fact Social Tuesday. “Digital Belongings are the FUTURE, and we’re main by loads! Get the primary Vote carried out this afternoon (ALL REPUBLICANS SHOULD VOTE YES!).”
Speaker of the Home Mike Johnson celebrates the passage of President Trump’s spending and tax invoice within the U.S. Capitol, July 3, 2025 in Washington.
Chip Somodevilla/Getty Photographs
The no votes got here from Reps. Andy Biggs, Tim Burchett, Michael Cloud, Andrew Clyde, Eli Crane, Marjorie Taylor Greene, Andy Harris, Anna Paulina Luna, Scott Perry, Chip Roy, Keith Self and Victoria Spartz. Majority Chief Steve Scalise additionally modified his vote to “no” to protect the aptitude to name the measure again up for an additional tried vote.
Luna, a Florida Republican, instructed ABC Information that she is “pro-crypto,” however voted towards the procedural vote as a result of she continues to have considerations about making a “backdoor” to a Central Financial institution Digital Forex — a fear echoed by Greene.
“I simply voted NO on the Rule for the GENIUS Act as a result of it doesn’t embody a ban on Central Financial institution Digital Forex and since Speaker Johnson didn’t enable us to submit amendments to the GENIUS Act,” Greene, R-Ga., posted on X. “People are not looking for a government-controlled Central Financial institution Digital Forex. Republicans have an obligation to ban CBDC. President Trump included a ban on CBDC in his January twenty third government order and Congress should additionally embody the ban on CBDC within the GENIUS Act.”
The vote got here throughout what the White Home is looking “Crypto Week” and marks a uncommon occasion when Home Republicans have defied Trump’s course.
Trump, who launched his personal crypto meme coin earlier this yr, not too long ago mentioned he’s a “fan of crypto” and referred to as it a “very highly effective trade” that the U.S. has “dominated.”
“I am president. And what I did do there’s construct an trade that is crucial,” Trump mentioned final month. “If we did not have it, China would.”
As soon as a crypto skeptic, Trump and his household have absolutely immersed themselves within the cryptocurrency market, creating not solely the $TRUMP meme coin, but in addition a bitcoin mining agency, a stablecoin agency and a crypto reserve.
