Senator Lummis chosen to chair Senate Subcommittee on Digital Assets
The Wyoming senator introduced the Strategic Bitcoin Reserve Act to the US Senate in July 2024, following the Bitcoin 2024 conference. Source link
Trump backs US leadership in crypto at Davos, Lummis chairs new Senate crypto panel
President Donald Trump emphasized U.S. leadership in cryptocurrency and artificial intelligence as Senator Cynthia Lummis was sworn in as chair of the Senate’s new digital assets subcommittee. During the 2025 World Economic Forum in Davos, President Donald Trump said in a virtual speech the United States would lead in artificial intelligence and cryptocurrency. In his […]
Sen. Lummis warns FDIC staff against destroying OCP 2.0 docs
Senator Cynthia Lummis has threatened criminal referrals for FDIC staff allegedly involved in destroying documents linked to “Operation Choke Point 2.0.” Whistleblowers at the U.S. Federal Deposit Insurance Corporation have alerted policymakers to alleged efforts within the agency to withhold and destroy information regarding what industry advocates have dubbed an anti-crypto campaign. The initiative, referred […]
Senator Lummis probes US federal law enforcement about Bitcoin sale
“Democrats legacy: A loss of more than $18.5 billion in unrealized value for American taxpayers,” the senator wrote on social media. Source link
Congress discussing bill to allow Fed to hold Bitcoin: Lummis
Speaking in an interview with Yahoo Finance, Senator Cynthia Lummis outlined a plan to authorize the Federal Reserve to purchase and hold Bitcoin, integrating it as a key asset in the country’s financial strategy. Federal Reserve Chairman Jerome Powell stated in his recent FOMC meeting that the institution currently lacks the legal authority to own […]
Senator Lummis says Treasury should convert gold for Bitcoin reserve
The United States government has the highest gold reserves in the world, with over 8,000 tons of the precious metal on its balance sheet. Source link
