Trump, House and foreign aid
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Trump, House of Representatives and bill
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The stablecoin bill, known as the Genius Act, and the crypto market structure bill, known as the Clarity Act, both received notable bipartisan support. Democratic lawmakers joined with Republicans to pass the stablecoin bill 308-122.
National Defense Authorization Act (NDAA), which must still pass the annual appropriations process, cleared the lower chamber in a 221-209 vote, with five Democrats joining almost every
President Donald Trump’s “big, beautiful bill,” which he signed into law earlier this month, includes major wins for business interests that carried out aggressive lobbying campaigns on Capitol Hill to secure favorable treatment for their industries.
The House is considering bills to provide regulatory clarity for cryptocurrency and the digital assets industry, including the GENIUS Act for stablecoins and the CLARITY Act.
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House Republicans were struggling to secure the votes for a rescissions bill in the Trump administration’s latest attempts to cut previously approved federal spending.
House Republicans gave the final stamp of approval early Friday morning to a package of $9 billion in spending cuts to foreign aid and public broadcasting, handing a win to President Donald Trump.
1don MSN
In a pivotal moment for the cryptocurrency industry, President Trump signed the GENIUS Act into law, establishing new regulations for stablecoins. This legislation, backed by bipartisan support, aims to enhance consumer confidence and solidify the U.