Senator Lummis Proposes U.S. Bitcoin Reserve After Trump’s Victory 🇺🇸
Senator Cynthia Lummis has proposed the establishment of a strategic Bitcoin reserve following Donald Trump's presidential victory. The proposal, named the BITCOIN Act of 2024, calls for the U.S. Treasury to acquire 1 million Bitcoins over a five-year period.
The initiative is aimed at strengthening the country’s financial stability, reducing national debt by half by 2045, and positioning the U.S. as a leader in financial innovation.
Lummis’ proposal aligns with a broader Republican agenda to embrace new financial technologies and innovations.
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