Jasper Goodman
@Jasper_Goodman
Reporter @POLITICO covering economic policy in Congress
The House overwhelmingly passed a pair of big GOP crypto proposals — the GENIUS Act & CLARITY Act — in blowout bipartisan votes Wider-than-expected Dem support on CLARITY (market structure), which goes to the Senate. GENIUS (stablecoins) will become law politico.com/live-updates/2…
The House is now expected to vote on the GENIUS Act, a Senate-passed stablecoin bill, on Thursday. That measure will go to Turmp's desk. A vote on the crown jewel of the House GOP crypto push, a market structure bill called the CLARITY Act, could get pushed to next week.
The House GOP's "crypto week" is back on track A group of conservative hard-liners just dropped their opposition to a key procedural vote following a chaotic day of turnabouts and negotiations with Republican leaders. w @meredithllee politico.com/live-updates/2…
The House GOP's "crypto week" is back on track A group of conservative hard-liners just dropped their opposition to a key procedural vote following a chaotic day of turnabouts and negotiations with Republican leaders. w @meredithllee politico.com/live-updates/2…
🚨BIG meeting of warring House GOP factions is slated to meet in Speaker Mike Johnson’s office shortly Financial Services, Ag Committee Rs, Freedom Caucus holdouts and leadership Sense is they will decide whether to gavel down the failing rule vote or flip holdouts to pass it
House Financial Services and Ag Committee Republicans are meeting now Inside the room — Byron Donalds and Warren Davidson are trying to explain what happened in WH meeting with Trump and hardliners last night, per sources GOP chairs French Hill and GT Thompson are explaining…
🚨INSIDE THE ROOM — an intense standoff between hardliners + crypto committee Rs They’re now exploring a deal to add CBDC text to NDAA or another must-pass bill People talking past each other + just trying to get hardliners to stand down on rule. Speaker Mike Johnson trying…
🚨House crypto week is ablaze in chaos once again what’s worse - the procedural move currently stalled on the House floor amid this GOP crypto war also unlocks the defense spending bill and a fast-track for rescissions pkg Rs need w/ @Jasper_Goodman politico.com/live-updates/2…
The fear for GOP FinServ & Ag Chairs French Hill & G.T. Thompson is that linking the CLARITY Act with a CBDC ban would kill Dem support for the market structure legislation, which they have worked for years to advance with bipartisan buy-in so it would be viable in the Senate
New crypto drama in the House Hard-liners who killed a procedural vote yesterday struck a deal w/ Trump to move fwd But the deal they cut — to merge the CLARITY Act w a CBDC ban — has sparked backlash from members of House FinServ & Ag w @meredithllee politico.com/live-updates/2…
New crypto drama in the House Hard-liners who killed a procedural vote yesterday struck a deal w/ Trump to move fwd But the deal they cut — to merge the CLARITY Act w a CBDC ban — has sparked backlash from members of House FinServ & Ag w @meredithllee politico.com/live-updates/2…
NEWS: There’s another crypto mess unfolding on the House floor House GOP leaders will try to merge two crypto bills after they’re expected to pass today via a MIRV procedure in Rules, Scalise confirms to me House Rs will merge CBDC bill and Clarity Act after the pass on the…
House will re-vote on the rule (which failed yesterday) in the noon hour - followed by a 5pm vote series They can afford to lose Rs on standalone Genius and to lesser extent standalone CLARITY - given expected dem support if Republicans don’t figure out a viable sequence for…
NEWS: Scalise tells @politico House leaders are bringing “all three” crypto bills to the floor today But he acknowledged they’re still working through how to combine or sequence Biggest issue is how to handle hardliners’ CBDC push w/ @Jasper_Goodman politico.com/live-updates/2…
The House’s “crypto week” has descended into chaos W/ @meredithllee @Reporter_Mia @nicholaswu12 politico.com/live-updates/2…
Inside Congress today: - House GOP jammed on crypto - Susan Collins gears up to rewrite Trump funding clawback - Schumer’s pre-shutdown warning shot politico.com/newsletters/in…
Crypto's megabill moment: Cynthia Lummis is pushing for a vote on an amendment that would create tax exemptions for certain digital asset transactions. @Jasper_Goodman politico.com/live-updates/2…
Fed board votes 5-2 to approve a proposal scaling back a capital rule for megabanks, in line with a push by Treasury Sec Scott Bessent to make it easier for those institutions to facilitate trading in the market for U.S. govt debt Barr and Kugler dissent subscriber.politicopro.com/article/2025/0…
ICYMI: House GOP leaders are eyeing a big crypto floor vote as soon as the week of July 7 They're exploring a package that includes both stablecoin & structure leg, but no final decision on whether/how to marry the two. Timing fluid w @meredithllee politico.com/live-updates/2…
New: Senate Republicans are scheduled to meet Monday night after votes, per 2 sources. Senators are expecting new/updated reconciliation text on Monday as the Byrd Bath is ongoing Bipartisan meeting with the parliamentarian scheduled for Sunday on the Finance Cmte provisions
Senate parliamentarian just dealt a blow to the GOP’s megabill fin reg rollbacks. Says these items are ineligible: - Zeroing out CFPB funding - Slashing Fed employee pay - Eliminating OFR and PCAOB @Jasper_Goodman subscriber.politicopro.com/article/2025/0…
The Senate just voted 68-30 to pass landmark crypto legislation that is aimed at boosting the industry’s growth 18 Democrats sided with most Republicans politico.com/live-updates/2…