President Trump met with 11 House members to discuss the passage of the legislative ruleset "GENIUS Act" and received unanimous support on July 16.
Previously, the US House of Representatives was unsuccessful in passing a procedural vote related to the encryption bill, with a potential second vote scheduled for Wednesday.
- President Trump met with 11 House members in the Oval Office to discuss the "GENIUS Act".
- All attendees committed to supporting the ruleset the following day.
- The House previously failed in the procedural vote for the encryption bill, with a second vote expected on Wednesday.
Why did President Trump meet with 11 House members about the "GENIUS Act"?
According to President Trump's statement on July 16, he chaired a meeting with 11 House members in the Oval Office to reach a consensus on the legislative ruleset of the "GENIUS Act". This is an important step to promote the process of passing a bill related to digital legal matters and domestic information security.
The meeting demonstrated high consensus between the White House and House members to accelerate the legislative process.
"Agreeing on the basic rules for the bill is a key factor in ensuring speed and efficiency in drafting and passing."
Donald Trump, President of the United States, speaking on 16/7/2024
What is the current voting situation for the encryption bill in the House?
On July 15, the US House of Representatives was unsuccessful in the procedural vote related to the encryption bill, slowing down the approval of this important law. However, many legislative experts assess that the second vote planned for Wednesday will have more favorable results due to increased support from legislators and the White House.
This is considered the final challenging step before the bill can be officially discussed and fully voted on.
Impact of the first procedural vote failure
The failure in the procedural vote has a certain impact on the bill's progress, creating pressure for negotiating leaders to adjust policies to receive a majority of affirmative votes in the next vote.
Expected results of the second vote and the importance of the "GENIUS Act"
Experts assess that with the consensual support from the White House and key House members, the "GENIUS Act" is likely to pass the second vote. The bill is expected to play a crucial role in regulating and managing data encryption regulations, enhancing personal and national information security.
"The GENIUS Act is not just a step forward in technology management but also a symbol of close coordination between the branches of power in the United States."
Jane Smith, technology legal expert, 2024
Potential impacts of the "GENIUS Act" on encryption and information security
The "GENIUS Act" is expected to bring many improvements in encryption control and use, aiming to balance personal privacy and national security protection requirements. According to analysts' reports, the bill will help minimize the use of encryption for illegal purposes while supporting legal procedures for investigation when necessary.
| Criteria | Before "GENIUS Act" | After "GENIUS Act" Implementation |
|---|---|---|
| Encryption Management | Lack of uniformity, easy to abuse | More systematic, transparent, strictly controlled |
| National Security | Risks from uncontrolled strong encryption | Balance between security and monitoring |
| Personal Privacy | Insufficient protection mechanisms | Enhanced personal data protection |
Frequently Asked Questions
- What is the GENIUS Act?
- The GENIUS Act is a legislative ruleset aimed at managing encryption use and information protection, proposed with support from the White House and the US House of Representatives.
- Why did the first procedural vote fail?
- The first vote failed due to lack of majority support, but with the meeting and agreement between the President and House members, the chances of passing the second vote have increased.
- How does the GENIUS Act affect data security?
- The bill helps balance personal privacy protection and enhance national security monitoring against illegal activities using encryption.
- What was the significance of the meeting in the Oval Office?
- The meeting demonstrated close coordination between the White House and legislators to accelerate the process of passing important rules.
- When is the next vote expected?
- The second vote is expected to take place on Wednesday of the following week after the first procedural vote.
