House Republicans Are Trying to Steer ‘Crypto Week’ Back on Track

Republican leadership and conservative hard-liners struck a key deal that may allow votes to advance.

Andy Harris
Francis Chung/POLITICO via AP

House Republican leadership reached an overnight deal with GOP hard-liners to advance three crypto-related bills, which are now expected to get a floor vote on Thursday.

After days of deadlock in what they called “crypto week,” House Republicans expect to vote on the GENIUS Act, the Senate-led bill intended to codify stablecoin payments, and two additional cryptocurrency-related bills on Thursday.

It’s making for a stacked day of House business for Republicans, as they also have to consider the rescission bill sent back by the Senate early Thursday before the period to pass the bill expires at the end of Friday.