US Government Shutdown Ends: House Approves Funding Bill

Yeliz Akmaca — Wed, 12 Nov 2025 11:30:19 +0000

The US House Rules Committee has approved a funding bill passed by the Senate to reopen federal agencies. The House vote is expected as early as Wednesday afternoon. The legislation would fund most federal agencies through January 30, potentially ending the government shutdown.

The Rules Committee voted 8-4 along party lines to advance a rule governing debate on the bill. This procedural step allows the measure to reach the House floor on Wednesday. The Senate approved the bill on Monday with a 60-40 vote.

Bill Details and Amendment Requests

The committee rejected several amendments proposed by Democrats. These included extensions of expired health insurance subsidies and a provision allowing senators to sue law enforcement if they seize data. Members were warned that any changes could send the bill back to the Senate, further delaying the reopening.

House Speaker Mike Johnson called on lawmakers to return to Washington, D.C., ahead of the vote, noting that ongoing FAA restrictions could disrupt travel at major airports. With both chambers closed on Tuesday for Veterans Day, Wednesday is the earliest possible voting day.

Market Impact of the Government Reopening

This development follows several failed attempts to reach a funding agreement. The bill’s passage reflects bipartisan cooperation in the Senate. Experts say ending the shutdown could positively impact markets. For example, Sistine Research analysts called XRP the “fastest horse” to benefit from this rally.

Historically, ending U.S. government shutdowns has triggered gains in Bitcoin and other crypto assets. In 2019, Bitcoin rose 266% five months after a shutdown ended. Currently, Bitcoin trades around $103,000, down roughly 14% since the early October shutdown began.

Additionally, the U.S. Senate released a draft of the Crypto Asset Market Clarity Act, proposing to grant the CFTC more authority over digital assets. The government reopening and renewed liquidity could create favorable conditions for crypto markets.

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Trump Urges Fast Track For GENIUS Bill: ‘Get It To My Desk, ASAP’

Yigit Taha OZTURK — Thu, 19 Jun 2025 08:00:05 +0000

Momentum is building in the U.S. crypto regulatory space as President Trump calls on the House to pass the GENIUS Act without delay. The legislation promises to solidify the country’s position as a global leader in digital assets, especially in the stablecoin sector.

Trump: “NO DELAYS, NO ADD ONS”

After the Senate passed the GENIUS (Guiding and Establishing National Innovation for US Stablecoins) Act with a 68–30 vote, Trump posted on Truth Social urging quick House approval.

“The Senate just passed an incredible Bill that is going to make America the UNDISPUTED Leader in Digital Assets,” he wrote. “Get it to my desk, ASAP — NO DELAYS, NO ADD ONS.”

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

With a narrow Republican majority in the House, the final vote is pending — but all eyes are on how swiftly it can reach Trump for final approval.

What Does The Bill Include?

The GENIUS Act aims to establish a clear regulatory framework for stablecoins, including:

Mandatory 1:1 reserve backing
State or federal-level licensing
Anti-Money Laundering compliance
Strict consumer protections
Limits on how reserves can be used (e.g., only for redemptions or low-risk Treasury investments)

These measures are designed to eliminate shadow banking risks and enhance systemic trust in dollar-backed stablecoins.

Controversy Still Looms

Although now progressing, the bill had previously failed a cloture vote in May due to Democratic concerns. Critics like Senator Elizabeth Warren accused Trump and his family of positioning to earn “hundreds of millions” from a proposed USD1 stablecoin if the law passes. Others warned against falling behind globally in crypto adoption and innovation.

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