House GOP leaders are dealing with a rebellion among Republicans that stopped action on three crypto bills and a defense spending measure.

Banking and Agriculture – need to agree on a crypto market structure bill, and Ag's ranking Democrat outlined several areas to edit.

Perhaps most controversial of the bills is the one that's closest to reaching Trump's desk, the GENIUS Act, which creates a framework for banks and private companies to issue stablecoins. After passing in the Senate last month, the House of Representatives is hoping to hold a vote as soon as Thursday, insiders told Politico.

Increased demand for Treasury bonds will give Congress breathing room, but without fiscal discipline it will only make the trouble worse in the long run.