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What will be the outcome of the US House vote on overriding Biden's veto of SAB 121 by July 15, 2024?
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Resolution / Starting Odds
Override successful • 25%
Override fails in House • 25%
Override fails in Senate • 25%
Other outcome • 25%
Official US House of Representatives vote record
Story
US House to Vote on Overriding Biden's Veto of SAB 121, Requiring Two-Thirds Majority
Jul 5, 2024, 08:31 PM
The US House of Representatives is set to vote next week on overriding President Joe Biden's veto of SAB 121. The bill, which has significant implications for the cryptocurrency sector, requires a two-thirds majority in both the House and Senate to pass. The outcome of this vote is critical for House Democrats, who risk losing the crypto vote in an already challenging election year if they fail to overturn the veto. The initial veto by President Biden had previously blocked the rollback of SAB 121, but the upcoming vote could potentially reverse this decision. The bipartisan FIT vote and career Democrats in crypto policy play crucial roles in this context.
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Override Veto • 33%
Sustain Veto • 33%
Postponed Vote • 34%
Override Veto • 33%
Sustain Veto • 33%
Postponed Vote • 34%
Yes • 50%
No • 50%
Veto Overridden • 33%
Veto Sustained • 33%
No Decision • 34%
Passed with majority Republican support • 25%
Passed with bipartisan support • 25%
Failed with majority Democrat opposition • 25%
Failed with bipartisan opposition • 25%
Passes with majority GOP support • 25%
Passes with bipartisan support • 25%
Fails due to lack of support • 25%
Fails due to procedural issues • 25%
Pass with majority Republican support • 25%
Pass with bipartisan support • 25%
Fail with majority Republican support • 25%
Fail with bipartisan opposition • 25%
Passes with majority support • 33%
Fails to pass • 33%
Not brought to a vote • 34%