Congressional Record — July 15, 2025

Overview of the day

The House of Representatives focused on a rule for the consideration of four legislative measures involving national defense and digital asset regulation. Members debated the regulatory framework for cryptocurrencies and stablecoins, the prohibition of a central bank digital currency, and the funding for the Department of Defense for fiscal year 2026. Additionally, the House held a designated hour to remember and honor the victims of catastrophic flooding in Texas, specifically focusing on the tragedy at Camp Mystic.

Summary of the House proceedings

H. Res. 580 was considered to provide the rules for the consideration of H.R. 4016, H.R. 3633, H.R. 1919, and S. 1582.
H.R. 4016 is the Department of Defense Appropriations Act of 2026, which provides $831.5 billion for military personnel, research, development, and procurement.
H.R. 3633 is the Digital Asset Market Clarity Act of 2025, designed to establish regulatory responsibilities between the SEC and CFTC for digital assets.
H.R. 1919 is the Anti-CBDC Surveillance State Act, which prohibits the Federal Reserve from issuing a central bank digital currency without congressional authorization.
S. 1582 is the Guiding and Establishing National Innovation for U.S. Stablecoins Act, which creates a regulatory framework for payment stablecoins.
H.R. 4016 had 330 amendments proposed to it.
A vote was held on the previous question regarding H. Res. 580, which passed with 211 yeas and 210 nays.
Members of the House held a period of remembrance for the victims of the July 4th floods in Texas and those affected at Camp Mystic.

Summary of Senate proceedings

There was no Senate activity on this date.