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Crypto Week hits a roadblock and a congresswoman's post on Jerome Powell's removal stirs betting markets.

You're watching Coin Desk Daily.

I'm your host, Jen Sanassie.

Crypto Week hit a brief roadblock as members of the House Freedom Caucus objected to the way some of the legislation has developed under Senate dominance.

The misfire on the procedural vote quickly hit the crypto markets over uncertainty about the good news expected this week coming out from the House.

Bitcoin and Ether took a quick dip before recovering and stable coin issuer circle felt the pain falling nearly 5% on the day.

The House of Representatives did not vote on a procedural motion to advance the trio of

crypto bills. Voting could happen early this morning. In a truth social post last night,

President Donald Trump said that he

met with 11 lawmakers who all agreed to vote in favor of the rule and the procedural vote

should happen as early as possible. Is Jerome Powell getting fired? A Florida congresswoman's

post speculated on the imminent removal of the Fed chairman, causing stirs on social media.

Congresswoman Anna Paulina Luna is not a member of the committee overseeing the Federal Reserve,

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