US representative Bryan Steil wants to stop lawmakers from adding “non -German items” to the two major crypto bills, claiming that doing so slows down the implementation of a regulation framework for the industry.
“Individuals, when they see the law progressing, wants to attach non-Alerman items to any bill that will move and sign in the law,” Steil, a Republican from Wisconsin who heads the House Financial Services Subcomm Committee in Crypto, told Cointelegraph at Bitcoin 2025 conference in Las Vegas on May 27.
“We need to restrain ourselves from the instincts and attempts of our colleagues – both sides of the aisle,” he added.
The largest supporters of Congress’ crypto Hope to pass Stablecoin-regulate guiding and establishing national innovation for the US Stablecoins Act, or Genius Act, and a Crypto market structure bill before a month of August recession.
Democratic lawmakers pulled support for the Genius Act on May 8, citing concerns about US President Donald Trump’s Crypto Ventures potentially conflicting In his duties to the president
The stable law in the coin structure and market will open the golden age of digital ownership. pic.twitter.com/lsbx5p2wqt
– Bryan Steil (part of @repbryan) May 27, 2025
While the Genius Act eventually move forward to the Senate In a May 20’s vote, Steil said concerns related to Trump were not related to the bills themselves.
“They are not germane in the legislative text. The legislative text focuses on passing a regulation framework where we can implement actions to strengthen the broader market, especially the benefit of consumers and American change and development.”
Democratic Senator Marker Warner pronounced a similar feeling before the The Genius Act has passed On May 19, saying that the US could not “be able to continue to stand on the sides” as the crypto industry was emerging.
“We do not allow corruption that we are blind to the broader reality: Blockchain technology is here to stay,” Warner said. “If American lawmakers do not shape, others are – and not in ways that serve our interests or democratic values.”
Steep credited democrats
Steil acknowledged that democratic lawmakers Biden Administration handle the regulation and implementation of the sector.
He said that the political scene and nature of crypto-related negotiations “seem a bit different,” but more than 70 Democrats in the Last Congress signed the need for clear crypto policies when financial change and technology for the 21st century of law (Fit21) pass the house in May 2024.
Related: Trump supports the bill to buy 1 million BTC – Senator Lummis
“I think it’s a good run in practice,” Steil said.
The Fit21 Act was not conducted before the end of the Last Congress However, the House Agricultural and Financial Services Committee Chairs Glenn Thompson and French Hill introduced a New bill of crypto market structure On May 5 aimed at developing FIT21.
If lawmakers pass the bills, they will have the opportunity to explore many other “interesting, creative ideas” in space, Steil said.
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