Top US Congressman Says House Has Enough Votes to Pass Three Crucial Crypto Bills.
Rep. French Hill has stated that the House has sufficient votes to pass three crucial cryptocurrency bills this week.
For context, the three critical crypto-related bills — the Senate GENIUS Act, the Anti-CBDC bill, and the CLARITY bill — suffered major setbacks on Tuesday as several congressional members blocked their passage.
Of the 220 Republicans present at the session, 196 voted in favor of the passage, 13 stood against it, while the remaining 11 were neither in support nor opposed to the legislation. However, the Democrats present stood firmly against the passage of the bills. Specifically, 210 Democrats voted “NAY,” while the remaining two Democrats stayed on the fence.
This brought the total votes to 223-196, with the majority opposing the passage of the legislation.
Following the devastating result, Rep. French Hill, the chairman of the Financial Services Committee, emphasized that despite the setback, the House has the necessary votes to pass all three crypto bills. He made the assurance during a recent interview on CNBC’s Squawk Box. The congressman provided a brief overview of all crypto bills and potential timelines for their passage.
Hill noted that Speaker Mike Johnson is coordinating the reintroduction of all three bills today to facilitate their full passage. Johnson had previously attributed the lack of bipartisan support for the GENIUS Act to its bundling with other crypto legislation.
The House will now vote on the bills individually. Rep. Hill stated that the House will vote on the CLARITY Act — legislation aimed at clarifying the appropriate regulatory authority for the crypto industry — later today.
Similarly, Rep. Hill expressed confidence that the Senate’s GENIUS Act, which seeks to establish a clear regulatory framework for dollar-backed stablecoins in the U.S., will pass when it comes up for a vote tomorrow.

The chairman of the House Financial Services Committee speculated that the anti-CBDC bill will also pass with bipartisan support.