Senator Lummis Advocates for Bitcoin Reserve

Following the recent elections, U.S. Senator Cynthia Lummis has proposed a significant initiative during a Bitcoin conference aimed at bolstering the Federal Reserve’s financial strategy. Her legislative proposal seeks to establish a strategic reserve of Bitcoin as a means to enhance the nation’s economic resilience.
Why Should the Fed Hold Bitcoin?
Lummis has called for the Federal Reserve to accumulate Bitcoin, arguing that this move will bolster the U.S. dollar and assist in reducing national debt. Dubbed the “Innovative Investment for National Competitiveness Enhancement Act,” this proposal reflects her vision for the future of American finance.

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