Sets House floor rules for debating and amending the fiscal 2026 defense appropriations bill and three financial bills covering digital assets, stablecoins, and Federal Reserve products, and provides for a vote on the rule itself.
Official 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.
- Allows the defense appropriations bill (H.R. 4016) to be debated for up to one hour, with amendments limited to those listed in the Rules Committee report, en bloc packages, and up to 10 pro forma amendments.
- Brings up H.R. 3633 to set up SEC and CFTC regulation of digital commodities, substituting the text of Rules Committee Print 119-6 with one hour of debate.
- Brings up H.R. 1919 to bar Federal Reserve banks from offering certain products directly to individuals and to prohibit central bank digital currency for monetary policy, and brings up S. 1582 on payment stablecoins, each with one hour of debate.
- Waives the two-thirds vote requirement for certain Rules Committee reports through July 18, 2025, relating to H.R. 4, a bill to rescind budget authority identified in presidential special messages.
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