Digital asset and defense bills

Members vote on bills covering central bank digital currency, digital-asset markets, stablecoins and 2026 Defense Department appropriations.

Mon, Jul 14, 2025 · 4:00 PM – 9:22 PM ET · Capitol H-313Capitol, Room H-313Chair Virginia Foxx R-NC-5Ranking Jim McGovern D-MA-2

4BILLS—NOT POSTED

4Bills on the agenda—Results not posted yet

Bill by bill

H.R. 1919 · SPONSOR TOM EMMER R-MN-6 (NOT ON COMMITTEE)

Bar CBDC development and testing: The Federal Reserve Board could not test, study, develop, create, or implement a central bank digital currency or a substantially similar digital asset. The Board and the Federal Open Market Committee also could not use one to carry out monetary policy
Block direct Fed services and accounts: Federal Reserve banks could not offer financial products or services directly to individuals, maintain accounts for them, or issue a central bank digital currency or a substantially similar digital asset
Block indirect CBDC offerings: Federal Reserve banks could not offer a central bank digital currency, or a substantially similar digital asset, to individuals through a financial institution or another intermediary

What’s next: Passed the House. Next step: the Senate.

RESULTS NOT POSTED YET

READERS · GOOD CALL OR BAD CALL?

Readers can rate the committee’s call once its decision is on record.

No documents posted yet.

No documents posted yet.

Ordered reported: The committee voted to send the bill to the full House or Senate. It still needs a floor vote.
Manager’s amendment: A replacement version of the bill offered by the chair, usually with changes negotiated beforehand.
Amendment in the nature of a substitute: An amendment that replaces the whole text of the bill. Other amendments are then offered to it.
Voice vote: Members say “aye” or “no” together. No names are recorded.
Recorded vote: Each member’s vote is recorded by name. Any member can ask for one.
Not agreed to: The amendment failed.
Reported favorably: The committee recommends that the full chamber pass the bill or confirm the nominee.