President Donald Trump is going all in on key crypto bills. His goal: to pass the first major cryptocurrency regulations in U.S. history and establish the country as the global leader in crypto.

But political infighting and ethical concerns are slowing momentum. Several House Republicans have pushed back against the bills, casting doubt on what was expected to be a major legislative win, according to ABC News.

This week, House Republicans tried to move forward on several crypto-related bills, including the GENIUS Act, CLARITY Act, and Anti-CBDC Surveillance State Act. The measures would define regulatory authority, set rules for stablecoins, and block a central bank digital currency. Trump backs all three and has made them a legislative priority, per ABC News.

But a group of 13 hardline Republicans staged a last-minute revolt, joining some Democrats. Their protest froze House floor activity and forced leadership to cancel key votes. According to Investor’s Business Daily, the rebellion disrupted what was meant to be a signature win for Trump and pro-crypto lawmakers.

Trump met with several Republican holdouts in the Oval Office to calm tensions, ABC News reports. The move helped but also exposed how fragile support remains within the GOP.

The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act), as CNBC reports, would require stablecoin issuers to hold full reserves and publish monthly disclosures. The goal is to bring oversight to a fast-growing sector with limited current regulation.

But some lawmakers, according to ABC News, say the bill gives too much power to state regulators and doesn’t go far enough to protect consumers. Business Insider adds that vague language in the bill could lead to uneven enforcement and new financial risks.

The CLARITY Act (the Digital Asset Market Clarity Act) also faces scrutiny. It aims to classify digital assets more clearly, but the outlet notes it leaves major enforcement questions unanswered.

Trump’s ties to the crypto world are also under fire. Forbes reports that a firm connected to the Trump Organization, World Liberty Financial, recently launched a stablecoin called USD1, raising concerns about a potential conflict of interest.

ABC News says Democrats worry that Trump’s push for deregulation could benefit his own ventures. The White House denies any wrongdoing, saying Trump’s assets are in a trust managed by his children, not a blind trust.

“Crypto Week” was supposed to mark a breakthrough. Instead, the effort has stalled. Despite early crypto market optimism — Bitcoin briefly surged above $120,000 during initial talks, according to Bloomberg — momentum has faded.

The fight on the crypto bills now goes beyond policy. It’s become a battle over political power, financial influence, and the future of U.S. regulation.