Republicans declared it ‘crypto’ week in the House. It’s not going as planned
WASHINGTON — A trio of cryptocurrency bills that had been expected to pass the House this week stalled Tuesday after a bloc of Republicans unexpectedly joined with Democrats to prevent the legislation from coming up for debate and votes.
The procedural snafu brought the House’s so-called “crypto week” to a standstill — and dealt a blow to President Donald Trump, who had strongly urged Republicans to pass the bills as part of his push to make the U.S. the “ crypto capital of the world.”
Trump intervened during a late evening meeting with Republicans at the White House, and appeared to put the bills back on track. He posted on social media that he expected votes as soon as Wednesday.
