House Advances GENIUS, Clarity, and Anti-CBDC Bills After Trump-Backed Turnaround

The House of Representatives has approved the GENIUS, CLARITY, and Anti-CBDC bills after initially rejecting them. This turnaround followed intervention from the President, who rallied Republican support. Despite this progress, the bills still need to pass further hearings and votes in Congress to become law. Notably, Democratic support for the GENIUS Act has decreased significantly since May, potentially creating challenges for the bills' future passage.