Category: Senator
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Tariff War and Senator Warren to Help Crypto? This 100x Altcoin Stands to Gain the Most
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Senator Elizabeth Warren, skeptical to combat carbonies, played a sharp turn in the scenery for encryption in a session on Wednesday. She said she wanted to work with Trump to end the financial institutions. Debanking is the practice by which banks and other financial institutions cut ties with companies that…
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Senator Lummis Announces Crypto Subcommittee ‘Dream Team’
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With the new administration supporting the crosso in the office, the industry began to see the long -awaited change for the approach with regard to regulations and measures to develop the sector. After announcing the first sub -committee from the US Senate -related Senate, Senator Centeh Lomes revealed the digital…
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Trump’s Digital Assets Executive Order May Not Last — Senator Lummis is Doing it Right
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Follow Anastasia on x. Last night, President Trump signed “digital assets” Executive order (EO), and let’s only say bitcoiners feel … sour. Initially, rumors spread that this might be legislation for the strategic reserve of the expected bitcoin. But no – not even near. Bitcoin Reserve did not get one…
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Trump’s Digital Assets Executive Order May Not Last — Senator Lummis is Doing it Right
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Follow Anastasia on x. Last night, President Trump signed “digital assets” Executive order (EO), and let’s only say bitcoiners feel … sour. Initially, rumors spread that this might be legislation for the strategic reserve of the expected bitcoin. But no – not even near. Bitcoin Reserve did not get one…
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IRS Crypto Rules Spark Pushback From Texas Senator Ted Cruz
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The cryptocurrency industry, especially brokers, has received major support from Texas Senator Ted Cruz this week. According to Axios reportCruz will use the Congressional Review Act (CRA) in the next few days to challenge the IRS’s current tax rule on reporting cryptocurrency income. The IRS reporting rule generated a lot…
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Senator Alleges Destruction Of Operation Chokepoint 2.0 Records
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There are new concerns about transparency in the regulatory methods of the Federal Deposit Insurance Corporation, or FDIC, in the wake of allegations against it. Sen. Cynthia Lummis of Wyoming believes the agency Destruction of important data Related to “Operation Chokepoint 2.0”, which is believed to have targeted the cryptocurrency…
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Senator Lummis Holds Talks With Treasury Secretary Bessent On Bitcoin Reserve Strategy
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In a significant step toward creating a US Strategic Bitcoin Reserve, Senator Cynthia Lummis recently met with new Treasury Secretary Scott Besent, according to a recent report. Social media sharing On X (formerly Twitter) where Loomis expressed optimism about Bessent’s potential support for digital assets, especially BTC. Trump rings the…
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US senator says mysterious drones spotted in New Jersey region should be ‘shot down, if necessary’
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Breadcrumb links PMN BMN Business Article writer: Associated Press Bruce Shepkowski Posted on December 12, 2024 • 2 min read You can save this article by registering for free here. Or log in if you have an account. Article content A US senator has called for mysterious drones spotted flying…
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Texas Senator Eyes State Resources For Bitcoin Growth
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If Senator Ted Cruz of Texas gets his way, he wants the state to become a “Bitcoin oasis.” For Cruz, the primary obstacle to full adoption of Bitcoin is the federal government itself, especially its left-leaning policies. Texas could soon become a state, he says Cryptocurrency Center Thanks to its…
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Senator Rick Scott questions Intel CEO on job cut despite $20B grants – report
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hapapapa Republican Senator Rick Scott asked Intel (NASDAQ:INTCApple Inc. plans to cut more than 15,000 jobs despite a planned $20 billion in federal funding, Reuters reported, citing a letter to Gelsinger. The funding from the U.S. Department of Commerce aims to boost the semiconductor manufacturing sector. He expressed concerns about…
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A ‘Reservoir Of Power,’ US Senator Says In Bold Speech
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Senator Ted Cruz described Bitcoin as a “reservoir of energy” at the Texas Blockchain Council, saying Bitcoin mining could boost Texas’ grid during severe weather. According to Cruz, when traditional energy sources cannot keep up with demand, Bitcoin could be a much-needed safety net. Against this backdrop, with regard to…
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A ‘Reservoir Of Power,’ US Senator Says In Bold Speech
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Senator Ted Cruz described Bitcoin as a “reservoir of energy” at the Texas Blockchain Council, saying Bitcoin mining could boost Texas’ grid during severe weather. According to Cruz, when traditional energy sources cannot keep up with demand, Bitcoin could be a much-needed safety net. Against this backdrop, with regard to…
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Senator Cynthia Lummis Announces Bill for US To Buy 1 Million Bitcoin
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Senator Cynthia Lummis (R-Wyoming) has announced plans to introduce legislation that would direct the U.S. government to hoard 1 million bitcoins, which would be worth more than $68 billion at current prices. Occur in Bitcoin Conference 2024 In Nashville, Loomis said the bill would allow the U.S. Treasury to buy…
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US Senator Fights To Bring Crypto Back Into The Communities
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On Friday, U.S. Sen. Tim Scott, the top Republican from South Carolina and a member of the Senate Banking Committee, was among the keynote speakers at the Bitcoin Conference 2024. Scott, who could chair the committee if Republicans regain control of the Senate, delivered a strong message: The government must…
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US Senator Fights To Bring Crypto Back Into The Communities
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On Friday, U.S. Sen. Tim Scott, the top Republican from South Carolina and a member of the Senate Banking Committee, was among the keynote speakers at the Bitcoin Conference 2024. Scott, who could chair the committee if Republicans regain control of the Senate, delivered a strong message: The government must…
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US Senator Fights To Bring Crypto Back Into The Communities
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On Friday, U.S. Sen. Tim Scott, the top Republican from South Carolina and a member of the Senate Banking Committee, was among the keynote speakers at the Bitcoin Conference 2024. Scott, who could chair the committee if Republicans regain control of the Senate, delivered a strong message: The government must…
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US Senator Lummis unveils Bitcoin reserve legislation following Trump’s keynote
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At the Bitcoin 2024 conference, Senator Cynthia Lummis proposed a more detailed plan to create a strategic reserve of Bitcoin to back the US dollar and cement America’s global financial leadership. After days of anticipation, US Senator Cynthia Lummis has finally announced Advertise Loomis has proposed legislation to create a…
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US Senator plans to announce legislation for Strategic Bitcoin Reserve at Bitcoin 2024
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Senator Cynthia Lummis of Wyoming is set to announce legislation that would make Bitcoin a major financial asset in the United States. At the upcoming Bitcoin 2024 conference in Nashville, Tennessee, where former President Donald Trump is also scheduled to speak, Loomis aims to announce a bill that would require…
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US Senator plans to announce legislation for Strategic Bitcoin Reserve at Bitcoin 2024
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Senator Cynthia Lummis of Wyoming is set to announce legislation that would make Bitcoin a major financial asset in the United States. At the upcoming Bitcoin 2024 conference in Nashville, Tennessee, where former President Donald Trump is also scheduled to speak, Loomis aims to announce a bill that would require…
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Senator Cynthia Lummis Reiterates Support For Bitcoin As US Reserve Asset
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Once again, prominent cryptocurrency advocate and US Senator Cynthia Lummis has called for Bitcoin to be adopted as a reserve asset by the US government. Lummis’ latest show of support for Bitcoin adoption comes as the senator has also opposed the creation of a central bank digital currency (CBDC) for…