When Washington sneezes, Wall Street catches a cold, and the crypto space better listen closely!
According to reliable sources, a group of Republican bigwigs in the U.S. House of Representatives plan to vote on a key procedural rule for a bill called 'Big and Beautiful' at 15:30 Beijing time today. If this hurdle is cleared smoothly, the final vote that truly determines the fate of this bill is set for around 17:30 Beijing time.
BUT! Now there's a big problem: A heavyweight Republican Congressman from Pennsylvania, Perry, has actually returned home! Other undecided Congress members have directly stated: If Perry doesn't come back, we won't vote! Moreover, this group plans to act together; they will either all vote or not vote at all.