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Crypto Bills Stall Again on the House Floor

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“More cryptocurrency drama is unfolding on the House floor Wednesday, a day after conservative hard-liners foiled GOP leaders’ plans to advance a trio of regulatory bills,” Politico reports.

“The hard-liners climbed back aboard following a Tuesday night meeting with President Donald Trump and a last-minute negotiation Wednesday with House leaders that allowed the chamber to take an initial procedural step on the legislation. But the deal they cut — to merge the market-structure-focused CLARITY Act with a separate bill banning a central bank digital currency — has sparked backlash from members of the committees that crafted the legislation.”

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About Political Wire

Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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