Trump Unites Republicans to Advance Crypto Legislation Forward
Submitted by MAGA
Posted 4 hours ago
**Leadership Reclaims Crypto Agenda with Trump’s Intervention**
In a significant political maneuver, President Donald Trump has stepped in to resolve a potential backlash within the Republican ranks regarding crucial cryptocurrency legislation.
Amidst uncertainty over the future of three pivotal crypto bills, Trump successfully garnered support from a majority of Republican lawmakers ahead of a scheduled House vote, demonstrating his continued influence and leadership within the party.
On Tuesday, Trump took to his Truth Social platform to announce that he had convened with 11 out of 12 Republican representatives in the Oval Office, persuading them to back the legislation aimed at regulating the burgeoning cryptocurrency market.
“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,” Trump conveyed in his post.
These legislative efforts, dubbed “Crypto Week,” aim to establish a framework for regulating cryptocurrencies before Congress breaks for the month of August, signaling the party's commitment to fostering innovation and financial freedom.
Despite some Republicans expressing concerns about the absence of a ban on central bank digital currencies (CBDCs) in the GENIUS Act—urging that amendments be made before voting—Trump has strategically positioned himself as a champion of quick legislative action.
House Speaker Mike Johnson commended Trump’s involvement, stating, “I’m thankful for President Trump getting involved tonight to ensure that we can pass the GENIUS Act tomorrow, and agreeing again to help us advance additional crypto legislation in the coming days.”
As the legislative process moves forward, Trump’s stance against CBDCs remains clear. His earlier executive order has laid the groundwork for prohibiting the Federal Reserve from enacting a CBDC—a move that resonates with many in the party who prioritize economic independence and resist government overreach.
This pivotal moment for the Republican Party comes amidst contrasting messages from Democrats who have declared an “anti-crypto corruption week,” further highlighting the partisan division on the direction of cryptocurrency policies.
Republicans are staying the course, rallying around the key message of innovation versus control, which they believe will resonate with voters who are increasingly wary of government intrusion into the financial sector.
As the House prepares to revisit these crypto bills, it’s clear that Trump’s decisive intervention marks a significant chapter in Republican leadership.
The focus now remains on ensuring that the legislation not only passes but does so in a manner that aligns with conservative values of limited government and financial freedom.
With the weight of his presidency behind them, Republicans are poised to transform their crypto agenda into reality, demonstrating unity in a time when clarity and direction are paramount.
Sources:
cointelegraph.com
nypost.com
breitbart.com
In a significant political maneuver, President Donald Trump has stepped in to resolve a potential backlash within the Republican ranks regarding crucial cryptocurrency legislation.
Amidst uncertainty over the future of three pivotal crypto bills, Trump successfully garnered support from a majority of Republican lawmakers ahead of a scheduled House vote, demonstrating his continued influence and leadership within the party.
On Tuesday, Trump took to his Truth Social platform to announce that he had convened with 11 out of 12 Republican representatives in the Oval Office, persuading them to back the legislation aimed at regulating the burgeoning cryptocurrency market.
“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,” Trump conveyed in his post.
These legislative efforts, dubbed “Crypto Week,” aim to establish a framework for regulating cryptocurrencies before Congress breaks for the month of August, signaling the party's commitment to fostering innovation and financial freedom.
Despite some Republicans expressing concerns about the absence of a ban on central bank digital currencies (CBDCs) in the GENIUS Act—urging that amendments be made before voting—Trump has strategically positioned himself as a champion of quick legislative action.
House Speaker Mike Johnson commended Trump’s involvement, stating, “I’m thankful for President Trump getting involved tonight to ensure that we can pass the GENIUS Act tomorrow, and agreeing again to help us advance additional crypto legislation in the coming days.”
As the legislative process moves forward, Trump’s stance against CBDCs remains clear. His earlier executive order has laid the groundwork for prohibiting the Federal Reserve from enacting a CBDC—a move that resonates with many in the party who prioritize economic independence and resist government overreach.
This pivotal moment for the Republican Party comes amidst contrasting messages from Democrats who have declared an “anti-crypto corruption week,” further highlighting the partisan division on the direction of cryptocurrency policies.
Republicans are staying the course, rallying around the key message of innovation versus control, which they believe will resonate with voters who are increasingly wary of government intrusion into the financial sector.
As the House prepares to revisit these crypto bills, it’s clear that Trump’s decisive intervention marks a significant chapter in Republican leadership.
The focus now remains on ensuring that the legislation not only passes but does so in a manner that aligns with conservative values of limited government and financial freedom.
With the weight of his presidency behind them, Republicans are poised to transform their crypto agenda into reality, demonstrating unity in a time when clarity and direction are paramount.
Sources:
cointelegraph.com
nypost.com
breitbart.com
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