Senator Lummis's Bitcoin Act, Backed by Trump, Aims to Buy 1 Million Bitcoins for Strategic Reserve

U.S. Senator Cynthia Lummis has introduced the 'Bitcoin Act', which she claims is the only solution to address the nation's $36 trillion debt. The act, referred to as the Strategic Bitcoin Reserve bill, aims to secure America's position as a leader in financial innovation and eliminate fiat waste.

Senator Lummis has expressed gratitude for President Trump's support of her bill, which includes a proposal to purchase 1 million Bitcoins. She has also criticized the Federal Reserve for shutting down successful banks that dealt with Bitcoin.

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