U.S. House Speaker: Ban on Fed issuance of Digital Money is expected to be included in the National Defense Authorization Act later this year.

Odaily News The conservative faction of the American Republican Party has ended a two-day obstruction of the crypto assets bill, paving the way for a vote in the House of Representatives on a series of measures supported by Trump. House Speaker Mike Johnson stated that after ensuring the prohibition of the Fed’s issuance of digital money would be included in the defense authorization bill later this year, the leadership persuaded them to move forward with the stablecoin bill. According to two anonymous sources, Trump called at the last minute to hear a briefing on the relevant work, and one of the insiders said, “Trump is very satisfied with this.” (Politico)