Donald Trump Announces Deal To End Republican Revolt

President Donald Trump has announced that he made a deal with most of the House Republicans who derailed a procedural vote on a package of legislation, including three cryptocurrency bills.

Trump wrote on Truth Social on Tuesday night: "I am in the Oval Office with 11 of the 12 Congressmen/women necessary to pass the GENIUS Act and, after a short discussion, they have all agreed to vote tomorrow morning in favor of the Rule.

"Speaker of the House Mike Johnson was at the meeting via telephone, and looks forward to taking the Vote as early as possible. I want to thank the Congressmen/women for their quick and positive response. MAKE AMERICA GREAT AGAIN!"

The deal followed days of GOP infighting that threatened to stall the president's legislative agenda in the House.

This new agreement involves 11 of 12 Republican holdouts who had previously derailed a crucial procedural vote necessary to bring several bills, most notably the GENIUS Act, to the House floor for consideration.

Why It Matters

The resolution of the Republican impasse was significant for Trump's domestic priorities and the legislative process in Congress. Passage of the GENIUS Act—the Guiding and Establishing National Innovation for U.S. Stablecoins Act—would establish a long-awaited federal framework to regulate stablecoins, a fast-growing type of cryptocurrency whose value is tied to assets such as the U.S. dollar.

Digital asset stakeholders and segments of the financial industry have called for such regulation, arguing it would provide certainty and unlock innovation. However, some Democrats and a smaller group of Republicans remain critical, highlighting concerns about potential conflicts of interest, safeguards against corruption and increasing Big Tech's influence in finance.

What To Know

The standoff originated when a bloc of 12 House Republicans voted against a procedural rule, halting consideration of three cryptocurrency bills and a Pentagon funding measure for fiscal year 2026.

Trump's direct involvement followed mounting frustration among Republican leaders who struggled to unify their caucus on procedural and substantive issues. Trump met with all but one of the dissenting Republicans in the Oval Office. Speaker Mike Johnson participated by phone.

The original 12 Republicans who derailed the vote were Representatives Anna Paulina Luna of Florida, Scott Perry of Pennsylvania, Chip Roy of Texas, Victoria Spartz of Indiana, Michael Cloud of Texas, Andrew Clyde of Georgia, Eli Crane of Arizona, Andy Harris of Maryland, Marjorie Taylor Greene of Georgia, Tim Burchett of Tennessee, Keith Self of Texas and Andy Biggs of Arizona, The Hill reported.

House Majority Leader Steve Scalise also changed his vote to "no" as a procedural tactic, allowing the vote to be brought back at a later time.

In addition to the GENIUS Act, the agreement revives consideration of the Anti-CBDC Surveillance State Act, aimed at prohibiting the Federal Reserve from issuing a central bank digital currency, and the Digital Asset Market Clarity Act, which would assign oversight of digital asset markets to federal financial regulators. These measures face varying levels of support and opposition in both chambers of Congress.

What Is the GENIUS Act?

The GENIUS Act is at the center of the deal. The bill seeks to regulate stablecoins by establishing requirements for issuance, consumer protections and regulatory oversight. Digital asset advocates have welcomed the legislation as a means to provide clarity and foster innovation in the U.S. cryptocurrency market.

Critics, however, have expressed concerns that the bill does not include provisions to block the creation of a central bank digital currency (CBDC) and have questioned whether it includes robust enough measures to prevent financial corruption and undue influence by technology companies.

What People Are Saying

House Speaker Mike Johnson said on Tuesday: "I'm thankful for President Trump getting involved tonight to ensure that we can pass the GENIUS Act tomorrow and agreeing again to help us advance additional crypto legislation in the coming days."

President Donald Trump wrote on Truth Social on Tuesday: "The GENIUS Act is going to put our Great Nation lightyears ahead of China, Europe, and all others, who are trying endlessly to catch up, but they just can't do it."

Democratic Senator Elizabeth Warren, speaking on the Senate floor before the vote, said in May: "The GENIUS Act will accelerate Trump's corruption by supercharging the size of the stablecoin market and the reach and profitability [of] Trump's USD1."

Garrick Hileman, an economist known for his research into cryptocurrency, told Newsweek earlier this year: "The growing ethics concerns are real and there is a serious need for timely investigations and action. But ethics concerns belong in the ethics domain, not a payments efficiency bill. GENIUS drops every issuer straight under the Bank Secrecy Act—same [Anti-Money Laundering] tool kit the banks use. That's tighter oversight, not a free pass."

What Happens Next

The House is scheduled to hold a procedural rule vote on Wednesday, which, if successful, will allow consideration of the GENIUS Act, associated cryptocurrency bills and Pentagon funding legislation.

The GENIUS Act is expected to pass the House and, if approved by the Senate, will become law, establishing the first significant federal regulatory regime for stablecoins in the United States. Deliberations on the Anti-CBDC Surveillance State Act and Digital Asset Market Clarity Act are also set to proceed, though their prospects in the Senate remain uncertain.