‘Crypto Week’ Is Stuck Again as House Procedural Vote Drags On
The U.S. House of Representatives stalled out on a procedural vote to advance to a final poll on key crypto legislation Wednesday, after passing an earlier procedural motion.
The House voted earlier Wednesday to reconsider debate on a motion to set how the chamber would move forward on the bills after that rules motion saw a hiccup Tuesday when the House Freedom Caucus voted against advancing to debate and a final vote. While the rules motion is procedural, a majority of lawmakers need to vote in favor before the House can vote on the actual bills.
Wednesday’s vote should have meant that the Clarity Act, GENIUS Act and Anti-CBDC Surveillance Act will all receive final votes, potentially starting as soon as later in the day. The first…