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119th Congress
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HOUSEH.Res. 580· 119th Congress

House Sets Floor Votes on Defense, Crypto, Fed Rules

Providing for consideration of the bill (H.R. 4016) making appropriations for the Department of Defense for the fiscal year ending September 30, 2026, and for other purposes; providing for consideration of the bill (H.R. 3633) to provide for a system of regulation of the offer and sale of digital commodities by the Securities and Exchange Commission and the Commodity Futures Trading Commission, and for other purposes; providing for consideration of the bill (H.R. 1919) to amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes; providing for consideration of the bill (S. 1582) to provide for the regulation of payment stablecoins, and for other purposes; and waiving a requirement of clause 6(a) of rule XIII with respect to consideration of certain resolutions reported from the Committee on Rules.

Sponsor
Brian Jack (R-GA)
Introduced
Jul 15, 2025
Last Action
Jul 16, 2025
Passage
65%
✓
Introduced
Jul 15, 2025
✓
Committee
—
✓
Floor Vote
Jul 16, 2025
4
Both Chambers
—
5
Enacted
—
01 — The Text

What.

  • This is a procedural resolution that schedules floor debate and votes on four separate bills: a $defense spending package, cryptocurrency regulation framework, Federal Reserve restrictions, and stablecoin oversight rules.
  • The resolution cleared the way for these bills to be considered after initially failing on July 15, then being reconsidered on July 16.
  • Detailed analysis is pending—the Congressional Research Service summary hasn't been published yet.
02 — The Stakes

So what?

  • Defense contractors, tech companies, and financial institutions are watching: these bills reshape military spending, crypto markets, and central banking authority.
  • Cryptocurrency traders face new SEC/CFTC regulation under H.R. 3633; banks and fintech firms face stablecoin rules under S. 1582.
  • Fed watchers: H.R. 1919 would block the Federal Reserve from offering services directly to individuals and restrict digital currency experiments—a significant constraint on central bank power.
03 — The Path

Now what?

  • House passed the procedural resolution 217-212 on July 16 after a failed vote the day before. The four bills can now proceed to floor votes.
  • Senate must still act on S. 1582 (stablecoin regulation); other bills await Senate consideration after House passage.
  • Track votes and comment on these bills at Congress.gov or contact your representative about their position on crypto and Fed regulation.
Legislative History

Actions.

  • Jul 16, 2025 — On agreeing to the resolution Agreed to by recorded vote: 217 - 212 (Roll no. 198).
  • Jul 16, 2025 — Passed/agreed to in House: On agreeing to the resolution Agreed to by recorded vote: 217 - 212 (Roll no. 198).
  • Jul 16, 2025 — On motion to reconsider Agreed to by the Yeas and Nays: 215 - 211 (Roll no. 197).
  • Jul 16, 2025 — Considered as unfinished business. (consideration: CR H3332)
  • Jul 15, 2025 — POSTPONED PROCEEDINGS - The Chair put the question on the motion to reconsider and by voice vote, announced that the ayes had prevailed. Mr. McGovern demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
  • Jul 15, 2025 — Mr. Scalise moved to reconsider the vote.
  • Jul 15, 2025 — On agreeing to the resolution Failed by recorded vote: 196 - 223 (Roll no. 195).
  • Jul 15, 2025 — Failed of passage/not agreed to in House On agreeing to the resolution Failed by recorded vote: 196 - 223 (Roll no. 195).