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Home»Regulation»Senator Lummis claims that Trump supports a bill that the US government would instruct to buy 1,000,000 bitcoin
Senator Lummis claims that Trump supports a bill that the US government would instruct to buy 1,000,000 bitcoin
Regulation

Senator Lummis claims that Trump supports a bill that the US government would instruct to buy 1,000,000 bitcoin

2025-05-03No Comments2 Mins Read
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President Donald Trump supports the idea that the US government is buying a million Bitcoin (BTC), says Senator Cynthia Lummis.

In March, Lummis (R-WY) introduced the Boosting Innovation, Technology and Competitiveness by optimized investment Nationwide (Bitcoin) ACT in the Senate.

If adopted, the bill would set up a decentralized network of Bitcoin-Kluizen that are operated by the Treasury department, and it would implement a BTC purchase program of one million unit, so that the US government could check about 5% of the offer of the best crypto assets.

Lummis said this week in a speech that she is “especially satisfied with the support of President Trump” of her bitcoin law.

“The Bitcoin law is the only solution for the debts of $ 36 trillion of our nation. I am grateful for a progressive president who not only recognizes this, but also acts on it.”

The Wyoming -senator, an old BTC lawyer, says that potential legislation would guarantee the position of the country as ‘a world leader in financial innovation’.

“The more Bitcoin comes, the use of it makes use of the entire system safer, more robust and better able to serve our needs all over the world.

We should be the world leader with this fantastic new ledger -based Activum that is in a digital format that will be transforming from the daily economy and the everyday American, in fact, places the everyday employee all over the world, in control of their own money. “

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