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Investing.com -- House Financial Services Committee Chairman Rep. French Hill told CNBC in an interview on Wednesday that the House now has the votes to advance three bills related to crypto.
The House is expected to vote this week on the GENIUS Act, the Digital Asset Market Clarity Act of 2025, and the Anti-CBDC Surveillance State Act.
Hill stated that he believes they “do have the votes to advance the Senate GENIUS Act," which would create a regulatory framework for stablecoins.
Meanwhile, Hill told CNBC that they also have the House’s work on market structure, which they have worked through the House Act Committee and the House Financial Services Committee.
He noted that there is strong bipartisan support for the bill.
Finally, Hill explained that House Majority Whip Tom Emmer has a bill (the Anti-CBDC Surveillance State Act) which would block the federal government from creating a central bank digital currency through the Fed unless it’s done with a specific authorization through Congress.
“I believe that the House has the votes for those three measures and the speaker is working this morning on how they’ll be coordinated and presented to the House for consideration,” Hill stated.
When asked how long it could take to be taken back to the House, Hill stated that it is still under discussion this morning on how it will be sequenced and brought back to the House.