The Trump administration is turning up pressure to pass a major cryptocurrency market structure bill as Congress returns from a two-week recess, with officials warning that the window to get the legislation across the finish line is shrinking.

Key officials sound the alarm

Treasury Secretary Scott Bessent wrote an op-ed in The Wall Street Journal calling on Congress to “finish the job,” warning that the U.S. could forfeit its standing as a global financial leader without clear crypto rules.

In a follow-up post on X, Bessent stated:

“Congress has spent the better part of half a decade trying to pass a framework to onshore the future of finance. It is time for @BankingGOP to hold a markup and send…