Key Takeaways:
- Trump secured support from 11 of 12 GOP lawmakers to advance three key crypto bills after addressing CBDC concerns.
- The GENIUS Act, Anti-CBDC Surveillance Act, and CLARITY Act are central to the Republicans’ “Crypto Week” legislative push.
- Critics, including Marjorie Taylor Greene and Andy Biggs, demand stronger anti-CBDC language and more open debate.
U.S. President Donald Trump has brokered a deal with most of the Republican lawmakers who had previously opposed three key crypto bills, including the GENIUS Act, due to concerns over the lack of an explicit ban on central bank digital currencies (CBDCs).
Trump announced on Truth Social that 11 of the 12 dissenting lawmakers agreed to move forward with the legislation after a meeting in the Oval Office.
🚨BIG! President Trump confirms they’re moving FAST after today’s crypto bill setback.
— Dan Gambardello (@cryptorecruitr) July 16, 2025
GENIUS Act vote back on tomorrow. 🇺🇸 pic.twitter.com/Cl1Y5Pvtt4
The bills – GENIUS Act, Anti-CBDC Surveillance Act, and CLARITY Act – are central to the GOP’s “Crypto Week” agenda, aiming to pass digital asset regulations before the August recess.
Opposition had led to the cancellation of an earlier vote, with lawmakers like Marjorie Taylor Greene and Andy Biggs demanding a clear CBDC ban and an open amendment process.
Trump had previously issued an executive order banning a Federal Reserve-issued CBDC.
House Speaker Mike Johnson praised Trump’s involvement and confirmed the bills would be voted on separately.
Despite past setbacks, including in the Senate, supporters like Caitlin Long and Eleanor Terrett urged calm, noting the GENIUS Act already includes safeguards against retail CBDCs.
The House is expected to reconvene Wednesday to resume debate and vote on the legislation.
About The Author
Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.
His extensive experience and features in top-tier publications like Forbes and CNN underscore his deep understanding of the crypto world and its future potential.
Check Adam out on: