Senate · Roll call 151 · March 26, 2025
A vote to pass H.J.Res. 25, which would overturn an Internal Revenue Service rule on reporting digital asset sales.
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- Question
- On the Joint Resolution
- Bill
- H.J.Res. 25, Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales".
How each party voted
Most Democrats voted No (26 of 45).
Most Republicans voted Yes (53 of 53).
Party-line vote: most Democrats and most Republicans voted on opposite sides.
President's positions
The President's position: wanted a Yes vote
“The White House is pleased to announce its support for the CRA introduced by @SenTedCruz and @RepMikeCarey to rescind the so-called Broker DeFi Rule”
Source: Public statement · Checked against the statement (AI-assisted)
About this vote
Under the Congressional Review Act, Congress can overturn a federal agency's rule by passing a joint resolution of disapproval. This resolution would cancel requirements for people carrying out decentralized finance (DeFi) transactions to report certain information about digital asset sales to the Internal Revenue Service. The resolution passed the Senate.
This summary was drafted and checked with AI (Claude) using only the official record of the vote. Report an error
Summary by the Congressional Research Service
This joint resolution nullifies requirements for persons effectuating decentralized financial (DeFi) transactions to report certain information regarding digital asset sales to the Internal Revenue Service (IRS).
How each member voted
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