U.S. President Donald Trump says he has convinced most Republican lawmakers who withdrew support from three key crypto bills to back the legislation when the House reconvenes on Wednesday.
In a Truth Social post on Tuesday, Trump said he met with 11 of the 12 dissenting representatives in the Oval Office and successfully urged them to vote in favor of the bills.
( @realDonaldTrump – Truth Social Post )
( Donald J. Trump – Jul 15, 2025, 8:43 PM ET )I am in the Oval Office with 11 of the 12 Congressmen/women necessary to pass the GENIUS Act and, after a short discussion, they have all agreed to vote tomorrow morning in favor of the Rule.… pic.twitter.com/65jL0mbgvk
— Donald J. Trump ???????? TRUTH POSTS (@TruthTrumpPosts) July 16, 2025
The House had planned a re-vote on Tuesday, but it was scrapped after 13 Republicans withdrew their support. Many demanded that the bills include a ban on central bank digital currencies (CBDCs).
At the heart of the disagreement is the GENIUS Act, a bill regulating stablecoins, which some lawmakers want amended or bundled together with two other crypto proposals — the Anti-CBDC Surveillance Act, which bans CBDCs, and the broader market structure bill called the CLARITY Act.
This legislative push is part of the Republican-led “Crypto Week,” aiming to pass crypto regulations before Congress adjourns for its August recess. Meanwhile, Democrats have countered with what they’re calling an “anti-crypto corruption week” to oppose the bills.
House Majority Leader Steve Scalise was among the 13 Republicans who voted against advancing the bills on Tuesday. Other “no” votes included Andrew Clyde, Tim Burchett, Andy Biggs, Eli Crane, Michael Cloud, Marjorie Taylor Greene, Andy Harris, Anna Paulina Luna, Scott Perry, Victoria Spartz, Chip Roy, and Keith Self.
Following the vote, representatives Biggs, Burchett, Greene, Luna, and Spartz clarified that their opposition was not against crypto legislation itself, but stemmed from the GENIUS Act’s lack of an explicit ban on CBDCs.
Biggs raised concerns that the GENIUS Act’s framework could pave the way for a layered CBDC system and fail to guarantee self-custody rights.
House Speaker Johnson noted he plans to bring the bills back for a procedural vote on Wednesday, calling their passage “a priority of the White House, the Senate and the House.” However, he emphasized that the Senate would likely reject any attempt to combine the bills into one package.
Negotiations continued late Tuesday as Johnson worked to bring the Republican holdouts back on board ahead of Wednesday’s critical vote.
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