House Republicans rebel against Trump and halt crypto legislation
- House Republicans faced a significant setback when a dozen members voted against a procedural measure aimed at advancing cryptocurrency legislation.
- The dissenting Republicans raised concerns about including a ban on Central Bank Digital Currency in the proposed legislation.
- The rebellion indicates deepening divisions within the GOP and highlights the ongoing struggles surrounding cryptocurrency regulation.
On July 15, 2025, in the United States, a rebellion among conservative lawmakers in the House of Representatives caused legislative business to come to a standstill. A faction of a dozen House Republicans joined the entire Democratic caucus to defeat a crucial procedural vote on a package that included multiple cryptocurrency measures. This package was significant for the Trump administration and had been heavily promoted by President Donald Trump himself. The failure to advance the bills not only showcased divisions within the Republican Party but also halted plans for additional votes on various important issues, including a key appropriations bill for the Department of Defense. Moreover, the dissenting Republicans expressed specific concerns regarding the Central Bank Digital Currency (CBDC) and insisted on the importance of incorporating amendments that aligned better with their vision for cryptocurrency regulation. The procedural vote was meant to open the floor for further debate on these cryptocurrency measures, but tensions within the party, especially regarding the Senate's alterations to one of the bills, led to the no votes from the dissenting members. Speaker of the House Mike Johnson acknowledged the divisions but remained committed to engaging with the rebels to resolve their issues. Some Republicans' apprehensions stemmed from the perception that the Senate would disregard their preferences if the House passed the bills unchanged. The ongoing struggle highlights significant ideological clashes within the party as factions debate the future governance of digital assets in the United States. The situation is complicated by President Trump's push for these measures, framing them as essential for maintaining America's leadership in the global digital economy.