Trump ‘Crypto Week’ in Limbo Amid House Republican Impasse (2)

July 16, 2025, 10:03 PM UTC

House Republican leaders struggled Wednesday to resolve an impasse with GOP hardliners on crypto legislation backed by President Donald Trump, holding open a key procedural vote as talks dragged on.

The dispute centered on the conservative holdouts’ demands to include a provision prohibiting the Federal Reserve from issuing digital currency in a broader crypto market structure bill.

The conflict erupted as ultra-conservatives in the House have simmered for months over more moderate Republican senators’ refusal to go along with many of their legislative demands.

Hardliners met with Speaker Mike Johnson and key Republican supporters of the crypto legislation in ...

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