The SEC opposed the FIT21 bill (market structure legislation for crypto) 'to the death,' but once the bill passed the House with bipartisan support (all but 3 Republicans + 71 Democrats), the White House couldn't veto it, showing the power of bipartisan legislative action.

factualpending

Speaker

Unknown Speaker (likely Mark Andreessen)

Evidence Quote

“the fit 21 bill passed through the house with uh all but three Republicans voting for it and 71 Democrats 71 Democrats voting for it”

Source

Trump is About to Change Everything For Tech Startups— a16z
Created: 8/11/2026, 5:33:37 AM

My Notes

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