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Home»Bitcoin»Trump says Genius Act will pass today
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Trump says Genius Act will pass today

July 16, 2025No Comments
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President Donald Trump says that he has persuaded the Republican legislators who had withdrawn the support of the Act on Engineering to support legislation.

After meeting 11 of the 12 representatives of the oval office yesterday, Trump announced on Truth Social that they agreed to vote in favor of the Genius Act, the Clarity Act and the Anti-CBDC Surveillance Act.

The voting of the room, initially delayed, has now been reprogrammed for noon today. The Act on Engineering is officially known as the Guiding and Italing Innovation for US Stablecoins Act.

GeniusGenius

TD Cowen’s policy, Ahalyst Jaret SEIBERG, said in a note yesterday to customers that the company expects that the law of engineering adopts “because Trump pushes for its promulgation”.

“Our opinion is that the members of House Freedom Caucus will strengthen the president’s request even if they oppose accepting the version of the Senate of the Bill,” said SEIBERG.

( @Realdonaldtrump – Social post)
(Donald J. Trump – July 15, 2025, 20:43 pm HE)

I am in the oval office with 11 of the 12 members of the congress / women necessary to adopt the law on engineering and, after a brief discussion, they all agreed to vote tomorrow morning in favor of the rule.… pic.twitter.com/65jl0mbgvk

– Donald J. Trump 🇺🇸 Posts Truth (@truthtrumposts) July 16, 2025

Lack of CBDC prohibit the main reason for the faulty vote

The main reason for the assistance drawn was concerns about the absence of a “hard ban” on the digital currencies of the Central Bank (CBDC). “The Genius Act does not follow the decree of President Trump because he does not prohibit a CBDC,” said Republican Marjorie Taylor Green in a post X.

This week, the Chamber votes on the genius law which sets the foundations for a digital central layer in layers (CBDC) where Americans interact with stablecoins but behind the scenes, there are the functional surveillance capacities of a CBDC.

The bill as written made … pic.twitter.com/gmdgx84sie

– Rep. Marjorie Taylor Greene🇺🇸 (@repmtg) July 15, 2025

“It shouldn’t be tolerated,” she added.

Another reason for failed vote is that several legislators want to combine the act of engineering with the other two bills, the president of the Mike Johnson Chamber would have said.

The vote for the three Crypto bills has been reprogrammed for midday today.

💥BREAKING:

The Chamber has planned another procedural vote for tomorrow around 12:20 pm for Crypto bills.

These invoices will pass! pic.twitter.com/49uxknqupj

– Crypto Rover (@rovercrc) July 16, 2025

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