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Financial Regulations, Defense, and Digital Currencies: New Rules

This document sets out the rules for considering important bills in the House of Representatives. It covers defense funding, digital currency regulation, and restrictions on central banks offering services directly to individuals. Citizens should pay attention to these changes as they may impact their personal finances and security.
Key points
Defense Funding: Rules for Department of Defense spending for fiscal year 2026 have been established.
Digital Currency Regulation: New oversight rules for digital commodities and payment stablecoins by financial authorities have been introduced.
Central Bank Restrictions: Federal Reserve banks are prohibited from offering products and services directly to individuals and from using central bank digital currency for monetary policy.
article Official text account_balance Process page
VOTING RESULTS
2025-07-17
51%
For 217
Against 212
Abstain 0
Full voting results open_in_new
Adopted
Citizen Poll
No votes cast
Additional Information
Print number: 119_HRES_580
Sponsor: Rep. Jack, Brian [R-GA-3]
Process start date: 2025-07-15
Voting date: 2025-07-17
Meeting no: 1
Voting no: 198
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

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.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HRES_580.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-07-15.

What are the main provisions?

Key points include:

  • Defense Funding: Rules for Department of Defense spending for fiscal year 2026 have been established.
  • Digital Currency Regulation: New oversight rules for digital commodities and payment stablecoins by financial authorities have been introduced.
  • Central Bank Restrictions: Federal Reserve banks are prohibited from offering products and services directly to individuals and from using central bank digital currency for monetary policy.
What is the specific legal status?

The current status is Adopted.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Where is the official voting record?

The official roll call vote is recorded at: voting record

Who is the primary sponsor?

The primary sponsor is Rep. Jack, Brian [R-GA-3].

What is the latest detailed status?

The latest detailed status is: On agreeing to the resolution Agreed to by recorded vote: 217 - 212 (Roll no. 198).

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-21.

CATEGORIES

Economy Security Courts and Law