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The Republicans are anticipated to maintain control of the United States House of Representatives, thereby granting the party comprehensive authority over the government following their majority in the Senate and Donald Trump’s electoral victory.

Decision Desk HQ announced the House race results at 12:13 AM UTC on Nov. 12, indicating that the GOP is projected to secure the 218 seats necessary for a majority, particularly after forecasting the re-election of Republican Juan Ciscomani in Arizona’s sixth congressional district.

As per Decision Desk HQ, there remain eight seats yet to be determined. The GOP is currently leading in the ongoing races for Alaska’s sole congressional seat and three districts in California, while the Democrats are ahead in the remaining contests.

Although the new Congress and White House will not assume their roles until January 2025, this will mark the first occasion since midway through Trump’s last term in 2019 that the Republicans will have achieved a government trifecta, controlling the executive branch as well as both legislative chambers.

Two Republican-supported cryptocurrency bills have been stalled in Congress but may have an opportunity to advance next year if they are not addressed during the lame-duck session.

The Financial Innovation and Technology for the 21st Century Act (FIT21), a regulatory bill, has been held up in the Democrat-led Senate after passing in the House in May, while the Clarity for Payment Stablecoins Act, which outlines a framework for stablecoins, has similarly faced delays in the House.

The upcoming Congress is widely regarded as the most favorable for cryptocurrency, with The Kobeissi Letter reporting on X that 50 out of 58 Congressional candidates endorsed by pro-crypto PACs have emerged victorious thus far, as noted in an October report by Politico.

The Letter stated, “Never in history has crypto had the influence in an election as it did this year,” emphasizing the unprecedented impact.

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