Overview

• The House narrowly approved a procedural rule to advance three crypto bills and the fiscal 2026 Defense appropriations measure after initial GOP defections stalled the process.
• President Trump met with 11 Republican holdouts in the Oval Office and persuaded several to switch their votes on the rule re-vote.
• The package comprises the Senate-passed GENIUS Act for stablecoin oversight, the Digital Asset Market Clarity Act and the Anti-CBDC Surveillance State Act banning a central bank digital currency.
• Hardline Republicans secured a commitment to add explicit anti-CBDC provisions to the CLARITY Act or attach them to the must-pass Defense bill.
• Floor consideration of the standalone GENIUS Act is expected this week as lawmakers continue negotiating final language on a CBDC ban.