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Bitcoin, Trump and Cynthia Lummis
Senator Lummis proposes swapping Federal Reserve’s gold for Bitcoin reserves
Senator Cynthia Lummis has a plan. In a sweeping move that would upend the U.S. financial status quo, the Wyoming Republican wants the Federal Reserve to trade part of its gold stash for Bitcoin. That’s right — ditch gold,
Senator Lummis pushes for U.S. Bitcoin Reserve, echoes Trump’s crypto support
Senator Lummis, a vocal proponent of cryptocurrency, believes a U.S. Bitcoin reserve would strengthen the country’s financial independence. In an interview with Bloomberg, she said, “Bitcoin offers a hedge against inflation and could position the U.S. competitively in the global digital economy.”
Bitcoin Hits $90,000 For First Time On Trump Support
Bitcoin reached a record high above $90,000 Wednesday as the world's biggest cryptocurrency benefits from president-elect Donald Trump's pledge to ease regulation around digital tokens.
Cowboy State Daily
2d
Lummis Uncommitted For Senate Majority Leader, Calls Report She's Backing Thune "Fake News"
With the U.S. Senate leadership elections coming up Wednesday, Wyoming Sen. Cynthia Lummis says she’s uncommitted on who ...
1d
Trump Pledges To Protect U.S. Bitcoin While Lummis Proposes Bold Strategic Reserve
As Bitcoin hits new all-time highs before Trump takes office, his bold promise to hold all U.S. government-owned Bitcoin ...
JD Supra
2d
Senator Lummis B.I.T.C.O.I.N. Act Receives Fresh Interest in Election’s Wake
This year has proven to be a pivotal one for the Bitcoin industry. Out of the gate, the Securities and Exchange Commission took the dramatic step ...
Crypto Briefing
7d
US Senator Lummis reaffirms Bitcoin will become a national reserve asset following Trump's victory
Senator Lummis proposes Bitcoin as a national reserve asset with new legislation, supported by Trump's presidency and ...
CoinDesk on MSN
4h
Strategic Bitcoin Reserve Has Precedent in Other Big U.S. Government Purchases: Michael Saylor
The Trump administration understands it, I think Senator Lummis understands it … that’s why it will happen,” Saylor said ...
Cowboy State Daily
1d
It’s Official — Barrasso Elected To No. 2 Leadership Role In U.S. Senate
Wyoming Sen. John Barrasso was elected Senate whip on Wednesday, the No. 2 leadership position in the U.S. Senate.
County 10
21h
Bill honoring Wyoming’s Dessie A. Bebout heads to President’s desk
A bill honoring the life and legacy of former Shoshoni Postmaster Dessie A. Bebout passed the United States House of ...
7d
Pro-Bitcoin Senator Proclaims US Will Establish $BTC Reserve After Trump Win
Sen. Cynthia Lummis, an ally of Donald Trump, reaffirmed that the U.S. will establish a Bitcoin strategic reserve after the GOP frontrunner secured the needed electoral votes for the presidency.
EconoTimes
8d
Senator Cynthia Lummis Promises US Bitcoin Reserve but Faces Major Hurdles Post-Trump Victory
Senator Cynthia Lummis, dubbed the Crypto Queen of Capitol Hill, renews her promise to create a U.S. strategic Bitcoin ...
3d
The U.S. Government Is One Step Closer To Holding 1 Million Bitcoins
Senator Lummis' BITCOIN Act mandates that the U.S. hold 1 million bitcoin within the next four years, and is likely to come ...
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Federal Reserve System
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