Providing for consideration of the bill (H.R. 4016) making appropriations for the Department of Defense for the fiscal year ending September 30, 2026, and for other purposes; providing for consideration of the bill (H.R. 3633) to provide for a system of regulation of the offer and sale of digital commodities by the Securities and Exchange Commission and the Commodity Futures Trading Commission, and for other purposes; providing for consideration of the bill (H.R. 1919) to amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes; providing for consideration of the bill (S. 1582) to provide for the regulation of payment stablecoins, and for other purposes; and waiving a requirement of clause 6(a) of rule XIII with respect to consideration of certain resolutions reported from the Committee on Rules.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Overview
This House Resolution (HRES 580) allows the House to consider four separate bills: one regarding defense appropriations (H.R. 4016), one regulating digital commodities (H.R. 3633), one amending the Federal Reserve Act (H.R. 1919), and one concerning payment stablecoins (S. 1582). The resolution also waives certain rules regarding amendments and debate to expedite the consideration of these bills.
Key provisions
- Allows consideration of H.R. 4016, the defense appropriations bill.
- Allows consideration of H.R. 3633, regulating digital commodities.
- Allows consideration of H.R. 1919, amending the Federal Reserve Act.
- Allows consideration of S. 1582, regulating payment stablecoins.
- Waives the requirement for a two-thirds vote to consider resolutions from the Rules Committee.
- Specifies procedures for amendments, including limited amendment options and debate times.
- Establishes debate time limits for each bill.
- Provides for the consideration of amendments in the nature of a substitute for certain bills.
Who is affected
- Department of Defense
- Financial Services Industry
- Securities and Commodity Markets
- Federal Reserve Banks
- Consumers (potentially, through changes to financial regulations)
Notable changes
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