Lummis Claims Federal Reserve Influenced Banks to Shut Customer Accounts Due to Political Opinions
Sen. Lummis Alleges Fed Pressures Banks Over Political Views Senator Cynthia Lummis has stated that her office has uncovered documentation indicating that the Federal Reserve has instructed bank examiners to coerce banks into closing accounts based on customers’ political beliefs, which contradicts public claims from Fed leadership denying such practices. “We have clear guidance from […]
Cynthia Lummis reacts to Elon Musk’s popular Bitcoin message.
Cynthia Lummis Backs Elon Musk’s Bitcoin Praise Senator Cynthia Lummis, a Republican from Wyoming and pro-Bitcoin advocate, voiced her agreement with Elon Musk’s recent positive remarks about Bitcoin as a hedge against inflation and excessive government spending. On October 14, she reacted to Musk’s comments on social media, highlighting the potential of a Strategic Bitcoin […]
Dorsey and Lummis Advocate for Bitcoin Tax Relief as Block Grows BTC Payments
Simply put Jack Dorsey, the founder of Block, recently tweeted about the need for a minimal tax exemption on regular Bitcoin transactions, prompting a response from Senator Cynthia Lummis, who stated, “We’re working on it.” Lummis has encouraged supporters of the tax exemption to reach out to their representatives. This exemption was part of broader […]
Sen. Lummis questions FBI about Jack Smith’s phone tracking
Sen. Lummis Seeks Clarity on Surveillance Issues Senator Cynthia Lummis (R-Wyo.) has reached out to the FBI for more information regarding potential surveillance she may be under. This inquiry follows reports that former special counsel Jack Smith had been tracking her call records, which Lummis described as “one of the most serious violations of the […]
Lummis thinks senators have agreed on a stablecoin bill and anticipates voting next week.
Senator Cynthia Lumith (R-Wyo.) announced on Thursday that she believes an agreement on the “final language” of the stable law in the Senate has been reached, with hopes of bringing the bill to the floor next week. “It was quite a marathon this week, but I think we have the final wording,” she told Hill. […]
Senator Lummis Says Trump Backs Legislation Requiring US Government to Buy 1,000,000 Bitcoin – The Daily Hodl
Trump Backs Bitcoin Purchase Legislation Senator Cynthia Ramis has revealed that President Donald Trump endorses a proposal for the US government to acquire 1 million bitcoins (BTC). In March, Ramis, a Republican from Wyoming, introduced the Optimized Investment (Bitcoin) Act in the Senate, aimed at fostering innovation, technology, and America’s competitive edge. If this bill […]
Lummis introduces bill to create bitcoin strategic reserve
Sen. Cynthia Lumith (R-WYO.) reintroduced the law on Tuesday to create a Bitcoin Strategic Reserve, and last week attempted to codify President Trump's executive order establishing a reserve. The bill, first introduced by Lummis last year, directs the government to purchase 1 million bitcoin over five years, and transfers it to a “decentralized network” of […]
Sen. Lummis Mocks Dems Fighting Trump’s National Energy Emergency
Democrats are chasing bad policies and bad politics in their myopic efforts to stop President Donald Trump's American energy renaissance, Sen. Cynthia Ramis (R-WY) explained to Breitbart News on Tuesday. Senate Democrats are moving Wednesday to stop Trump's national energy emergency, with gestures against the president's actions to lower energy prices and elicit important campaign […]
Sen. Lummis proposes US government purchase 5% of total Bitcoin supply – TradingView
U.S. Senator Cynthia Lummis introduced the “Strategic Bitcoin Reserve” bill, proposing that the U.S. government purchase 5% of the global Bitcoin supply and hold it for at least 20 years. “This can be used for one purpose: to reduce debt,” Lummis declared during a keynote speech at the Bitcoin 2024 conference in Nashville, Tennessee on […]
Sen. Lummis proposes US government purchase 5% of total Bitcoin supply – Cointelegraph
U.S. Senator Cynthia Lummis has introduced a bill proposing that the U.S. government purchase 5% of the global Bitcoin supply and hold it for at least 20 years. “It can be used for one purpose, which is to reduce debt,” Rammis said. Declared The remarks were made during a keynote speech at the Bitcoin 2024 […]