{"id":2462347,"date":"2025-07-16T09:30:00","date_gmt":"2025-07-16T13:30:00","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-strikes-deal-with-gop-holdouts-on-genius-act-during-crypto-week\/"},"modified":"2025-07-16T09:33:08","modified_gmt":"2025-07-16T13:33:08","slug":"trump-strikes-deal-with-gop-holdouts-on-genius-act-during-crypto-week","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-strikes-deal-with-gop-holdouts-on-genius-act-during-crypto-week\/","title":{"rendered":"Trump strikes deal with GOP holdouts on GENIUS Act during \u2018crypto week\u2019"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-strikes-deal-with-gop-holdouts-on-genius-act-during-crypto-week%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2462347&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>President Donald Trump reached an agreement with Republican lawmakers to advance the GENIUS Act, a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/beleaguered-crypto-billionaire-was-hobnobbing-at-white-house-just-six-months-ago\/\" title=\"Beleaguered Crypto ...ionaire Was Hobnobbing at ... Just Six Months Ago\">cryptocurrency bill<\/a>, in the House after initial opposition from a group of GOP holdouts, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/twitch-slammed-for-tweeting-womxns-history-month\/\" title=\"Twitch Slammed For Tweeting \u2018Womxn\u2019s History Month\u2019\">including members<\/a> of the House Freedom Caucus and rep. marjorie Taylor Greene. These lawmakers had blocked a procedural vote due to concerns that the bill did not include a provision banning the creation of a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fed-inches-closer-to-developing-central-bank-digital-currency\/\" title=\"Fed Inches Closer to Developing Central ...k Digital Currency\">central bank digital currency<\/a> (CBDC). Following a meeting at the White House, 11 of the 12 opposing Republicans agreed to support the legislation. If the agreement holds, the House is expected to adopt the rule allowing the consideration of the GENIUS act and two other crypto-related bills soon. House Speaker Mike Johnson praised Trump&#8217;s involvement, and the Senate had already passed the GENIUS act in June. The bill aims to establish a regulatory framework for stablecoins, which are digital tokens backed by the dollar. Though, concerns remain among some Republicans about the absence of a CBDC ban in the legislation.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Trump strikes deal with GOP holdouts on GENIUS Act during &lsquo;crypto week&rsquo;<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2175052\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>President <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Donald Trump<\/a> announced Tuesday evening that he reached a deal with <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/republican\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Republican <\/a>lawmakers to move a cryptocurrency bill forward in the House.&nbsp;<\/p>\n<p>Earlier that day, a dozen Republicans, among them House Freedom Caucus members and Rep. Marjorie Taylor Greene (R-GA), derailed a procedural vote advancing the Guiding and Establishing National Innovation for U.S. Stablecoins Act over concerns it lacked a provision or amendment that would block the creation of a central bank digital currency, or a CBDC.&nbsp;<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/house\/3472219\/adelita-grijalva-arizona-special-election-raul-grijalva-house\/\">Adelita Grijalva wins Arizona special election primary to succeed her father, Raul Grijalva<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/house\/3472432\/jasmine-crockett-recipient-little-red-states-donor-blue-states\/\">Crockett says &#8216;little red states&#8217; contribute nothing as blue states put them on &#8216;life support&#8217;<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/house\/3472397\/thomas-massie-ro-khanna-house-vote-complete-epstein-files\/\">Massie-Khanna petition would force House vote on release of &#8216;complete&#8217; Epstein files<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>Trump, a strong crypto advocate, held a meeting with most of the GOP holdouts at the White House following the vote. In an update to Truth Social after the huddle, the president said 11 of the Republicans had agreed to switch their votes and support the GENIUS Act.&nbsp;<\/p>\n<p>&ldquo;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,&rdquo; Trump <a href=\"https:\/\/x.com\/rapidresponse47\/status\/1945283263288766676?s=46&amp;t=yxYBta0zhKqvzUP8zCYxjw\" target=\"_blank\" rel=\"noopener\" title=\"\">wrote<\/a> on Truth Social.<\/p>\n<p>&ldquo;I want to thank the Congressmen\/women for their quick and positive response,&rdquo; he added. &ldquo;MAKE AMERICA GREAT AGAIN!&rdquo;<\/p>\n<p>If the agreement holds, the House will be able to move forward with adopting a procedural rule as soon as Wednesday and consider the GENIUS Act, along with two other cryptocurrency bills, the CLARITY Act and the Anti-Central Bank Digital Currency Surveillance State Act.&nbsp;The negotiations on crypto legislation come during what House Republicans are calling &ldquo;crypto week.&rdquo;<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"zxx\" dir=\"ltr\"><a href=\"https:\/\/t.co\/XcduoDNOop\">pic.twitter.com\/XcduoDNOop<\/a><\/p>\n<p>&mdash; Rapid Response 47 (@RapidResponse47) <a href=\"https:\/\/twitter.com\/RapidResponse47\/status\/1945283263288766676?ref_src=twsrc%5Etfw\">July 16, 2025<\/a><\/p><\/blockquote>\n<p><script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script> <\/div>\n<\/figure>\n<p>House Speaker Mike Johnson (R-LA) praised Trump for intervening in remarks Tuesday that signaled he would push to vote on the legislation on Wednesday.&nbsp;<\/p>\n<p>&ldquo;I&rsquo;m thankful for President Trump getting involved tonight to ensure that we can pass the GENIUS Act tomorrow and agreeing again to help us <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-strikes-deal-with-gop-holdouts-on-genius-act-as-cbdcs-face-scrutiny-during-crypto-week\/\" title=\"... with GOP holdouts on ... as ...s face scrutiny during \u2018crypto week\u2019\">advance additional crypto legislation<\/a> in the coming days. Much more to come,&rdquo; he said.<\/p>\n<p>The Senate passed the GENIUS Act in June. The legislation seeks to establish a regulatory framework for <a href=\"https:\/\/amzn.to\/3YuVZYV\" >dollar-backed digital tokens<\/a> known as stablecoins.&nbsp;<\/p>\n<p>However, the legislation faced pushback in the House from Republicans like Greene, concerned that it lacked an amendment prohibiting the creation of a central bank digital currency.&nbsp;&nbsp;<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">President Donald Trump listens as House Speaker Mike Johnson (R-LA) speaks during an &ldquo;Invest in America&rdquo; roundtable with business leaders at the White House, Monday, June 9, 2025, in Washington. (AP Photo\/Evan Vucci)<\/figcaption><\/figure>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/news\/senate\/3444884\/senate-passes-landmark-crypto-bill-genius-act\/\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>SENATE PASSES LANDMARK CRYPTOCURRENCY BILL WITH DEMOCRATIC HELP<\/strong><\/a><\/p>\n<p>&ldquo;I just voted NO on the Rule for the GENIUS Act because it does not include a ban on Central Bank Digital Currency and because Speaker Johnson did not allow us to submit amendments to the GENIUS Act,&rdquo; Greene <a href=\"https:\/\/x.com\/RepMTG\/status\/1945195703292092555\" target=\"_blank\" rel=\"noopener\" title=\"\">wrote<\/a> on X after derailing the procedural vote this week.&nbsp;<\/p>\n<p>&ldquo;President Trump included a ban on CBDC in his January 23rd executive order, and Congress must also include the ban on CBDC in the GENIUS Act,&rdquo; she continued.<\/p>\n<\/div>\n<p> <script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_2175052\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"2175052\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump secures GOP support to advance GENIUS Act in House<\/p>\n","protected":false},"author":3142,"featured_media":2462348,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/07\/johnson-trump-.webp","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[55560,6203,3634],"class_list":["post-2462347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-genius-act","tag-gop","tag-trump"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/07\/johnson-trump-.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2462347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/3142"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2462347"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2462347\/revisions"}],"predecessor-version":[{"id":2462351,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2462347\/revisions\/2462351"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2462348"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2462347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2462347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2462347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}