A majority of the U.S. House of Representatives voted Wednesday night in favor of a funding bill to reopen the government after a record 42-day shutdown, sending the continuing resolution to President Donald Trump’s desk for his signature.
The government appeared poised to remain shut down for the foreseeable future before a group of Senate Democrats and the majority of Senate Republicans voted Sunday night in favor of the roughly three-month funding measure, abandoning their key demands to end the shutdown but forcing a (failing) vote on the Affordable Care Act subsidies. The long shutdown has slowed the U.S. government’s progress on crypto, but lawmakers have signaled efforts to continue working on legislation affecting crypto.
The final vote was 222-209, with 216 Republicans and six Democrats voting in favor of the funding measure, which will last until the end of January 2026. The White House announced that Trump would sign the measure at 9:45 p.m. ET.
Just this week, the Senate Agriculture Committee released an initial draft of its portion of key market structure legislation that would define the Commodity Futures Trading Commission’s role in overseeing crypto spot markets, and also scheduled a confirmation hearing for Mike Selig, Trump’s nominee to head that agency.
The restart also allows federal regulators to resume their work in crypto and other areas, including the Securities and Exchange Commission and the CFTC, both of which saw staff laid off during the shutdown. While a group of companies filing to list and trade shares of new exchange-traded funds began using a procedural workaround to launch projects without needing explicit SEC approval, the reboot will speed the path to approval of other public listings and similar products.
Other federal agencies like the IRS or the Office of the Comptroller of the Currency may also resume their ongoing rulemaking efforts and analyze comments on these proposals, such as current public responses to rulemaking related to the GENIUS Act.
Read more: US government shutdown stretches 36 days and continues to derail crypto bill.
