Trump wrote on Truth Social that “all Republicans should vote yes,” arguing that the GENIUS Act will keep the US “lightyears ahead” of China and Europe in digital asset regulation.
Leadership counts showed some libertarian‑leaning members swung against the rule after it merged the crypto bills with defense spending, despite Trump’s appeal.
According to a Fox News report, Trump is “pissed” and is directly pressuring lawmakers who voted against the crypto rule package.
The failed motion would have combined the GENIUS Act, the CLARITY Act, and the Anti-CBDC Surveillance Act with the fiscal year defense appropriation.
Speaker Mike Johnson said Republicans blocked the rule because “some members really want to emphasize the House’s product.”
Wallace rumored a revised rule for a second vote, and it might happen at about 5 P.M. ET.
The new proposal could decouple the defense bill or split the crypto measures, allowing each to receive individual debate time.
Should it pass, floor debate on the crypto measures could begin on July 16, with final votes aimed for later in the week.
