The U.S. House of Representatives voted against proceeding with the consideration of several bills. According to a post on X by American journalist Jake Sherman, the House voted 196-222 on the procedural motion, complicating Crypto Week.
The vote negatively impacts two cryptocurrency-related bills that the House plans to consider, as well as another defense spending bill. According to sources, lawmakers are choosing to vote against considering these bills instead of grouping the GENIUS Act with other cryptocurrency bills.
House members are expected to attempt the key procedural vote later that same day, but it is still unclear whether the vote will succeed. Previously, Trump urged Republican lawmakers to vote in favor of the bills, noting that the GENIUS Act will put the United States ahead of its peers.