House Committee on Financial Services Chairman French Hill (AR-02), House Committee on Agriculture Chairman GT Thompson (PA-15), and House Leadership today announced that the week of July 14th will be designated “Crypto Week” in the House of Representatives. This initiative aims to advance several key pieces of legislation designed to establish a clear regulatory framework for digital assets and solidify America’s position as the global leader in the crypto space.
During “Crypto Week,” the House is expected to consider three significant bills: the CLARITY Act, the Anti-CBDC Surveillance State Act, and the Senate’s GENIUS Act. These legislative efforts are part of a broader push to fulfill President Trump’s digital assets and cryptocurrency agenda.
Chairman Hill emphasized the historic nature of these steps, stating, “We are taking historic steps to ensure the United States remains the world’s leader in innovation and I look forward to ‘Crypto Week’ in the House.” He highlighted that the legislation aims to safeguard consumers and investors, provide rules for dollar-backed payment stablecoins, and permanently block the creation of a Central Bank Digital Currency (CBDC) to protect Americans’ financial privacy. Hill also expressed readiness to collaborate with the Senate on standalone market structure legislation.
Speaker Mike Johnson (LA-04) echoed this sentiment, asserting, “House Republicans are taking decisive steps to deliver the full scope of President Trump’s digital assets and cryptocurrency agenda.” He commended the partnership between the Financial Services and Agriculture Committees and the leadership of Chairmen Hill and Thompson, expressing anticipation for President Trump to sign these bills into law.
Majority Leader Steve Scalise (LA-01) added that these bills further the President’s pro-growth and pro-business agenda. Majority Whip Tom Emmer (MN-06) underscored the opportunity for American innovators to build domestically with clear regulations that reflect values of privacy, individual sovereignty, and free-market competitiveness. “By sending these three pieces of legislation to President Trump’s desk, we will protect Americans’ right to financial privacy and deliver on our promise to make the United States the crypto capital of the world,” Emmer said.
Chairman Thompson stressed the long-overdue nature of digital asset market structure legislation, noting that “Time and again, we have heard the calls for regulatory clarity and certainty in this ecosystem.” He thanked House Leadership for recognizing the urgent need for the CLARITY Act to cement American leadership.