The President of the United States Donald Trump on July 15 assured that the stopped legislation “crypto week” will pass on Wednesday morning (July 16) House of Representives.
Genius The act hit a hitch after several Republican legislators joined the democrats, according to reports to block the procedural vote.
“Everyone has agreed,” says Donald Trump
In his contribution to his social platform, Truth Social, Donald Trump said, “I am in an oval office with 11 of the 12 congressmen/women necessary to approval the brilliant act, and after a short discussion everyone agreed that they voted in favor of the rules tomorrow morning.”
“The speaker Mike Johnson was at the meeting by phone and looking forward to the vote as soon as possible. I want to thank the congressmen/women for their quick and positive answer. He added.
Crypto Week: Mike Johnson says the discussion will continue
This week, House Republicans charged as “Crypto Week” and wanted to develop the number of accounts that provide clarity and legitimacy of the cryptocurrency sector.
However, 13 Republicans have teamed up with the Democrats to block the vote for considering three crypto accounts, disagreements about the measures of AO, how they are applied, Reuters and AP reported.
Mike Johnson spoke to the messages and said he was planning to continue the discussion of the matter with the members and hoped to vote again, Reuters report.
“We expected some” no “voices, but we thought it was important to put it on the floor to strengthen it because it was time. So stay tuned. We will have a lot of discussions over the next few hours, “Johnson said, and AP reported.
Why disagreement about Republicans?
According to AP, disagreement from Republicans was concentrated around how these three accounts would be approved. Mike Johnson told reporters that “some of these boys insist on having to be in one package.”
However, the report noted that packaging of accounts would require them to be sent back to the Senate, as the Chamber has so far attracted only one of the three accounts. In particular, the Senate lasted months for the current version.
(With Reuters and AP inputs)
(Tagstotranslate) Crypto Week (T) Cryptocurrency Sector (T) House Republicans (T) Mike Johnson (T) Gelius Act (T) Donald Trump (T) USA US legislation
