After several fits and starts to begin the week, the House finally cleared the first procedural hurdle late last night that had been stalling legislative action, breaking another record for the longest vote in House history in the process.
The ongoing drama around the initial rule vote-tied to objections over crypto policy as well as Member angst around the Epstein Files-appears to be at least temporarily resolved, with Leadership vowing to move ahead with a packed legislative day.
As it stands, the current plan will see the House consider and pass all of the following measures today, with both the GENIUS Act and Rescissions to be sent to the President’s desk for enactment:
- S. 1582, GENIUS Act
- H.R. 3633, Digital Asset Market Clarity Act
- H.R. 1919, Anti-CBDC Surveillance State Act
- H.R. 4016, Department of Defense Appropriations Act, 2026
- Concur in the Senate Amendment to H.R. 4, Rescissions Act of 2025
Of note, an additional rule will need to be adopted today to consider the Senate Amendment to the Rescissions package. While lawmakers are eager to send the $9 billion spending cuts bill to the President’s desk ahead of tomorrow’s July 18 deadline, this vote will be one to watch as rule votes have proven vexing to House Republican Leadership for the past several weeks.
Absent unforeseen complications, today’s House Floor schedule should see two rounds of votes: the first beginning around 4 PM on passage of the additional rule, all three crypto bills individually, and amendments and passage of Defense Appropriations, with a second and final series around 7:30 PM on concurring in the Senate Amendment to the Rescissions package.
OUTLOOK/ANALYSIS. After a bumpy start to the week, today may finally bring some order to the Floor. While “crypto week” will essentially become “crypto day,” we still expect to see substantial legislative wins placed on the board for both Republican Leadership and President Trump when all is said and done between the GENIUS Act and Rescissions.
Even so, the path forward in the Senate on CLARITY and the Freedom Caucus’ new hobby horse in Anti-CBDC legislation remains murky at best, to say nothing of the dimming outlook on appropriations. Moreover, with the One, Big, Beautiful Bill no longer serving as a forcing and focusing mechanism in the House, Leadership will need to work to prevent these multi-hour and multi-day holding patterns from becoming the norm. An August recess around the corner should help, but continued feuding over what should be routine procedural rules will need to be watched closely in the months to come, particularly in the lead up to the September 30 government funding deadline.
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