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Cynthia Lummis

A collection of 9 posts

Senator Lummis Says President Trump Backs Her Plan to Buy 1 Million Bitcoin

Senator Lummis Says President Trump Backs Her Plan to Buy 1 Million Bitcoin

On May 2, 2025, Senator Cynthia Lummis took to X to share her ongoing advocacy for the BITCOIN Act, a legislative proposal aimed at tackling the United States' staggering 36 trillion dollar national debt. The Wyoming senator, who has been a vocal supporter of Bitcoin since 2013, reintroduced the

Senator Lummis Reintroduces BITCOIN Act Proposing Major Bitcoin Purchase for Strategic Reserve

Senator Lummis Reintroduces BITCOIN Act Proposing Major Bitcoin Purchase for Strategic Reserve

Earlier today, Senator Cynthia Lummis says she reintroduced the BITCOIN Act during a conference hosted by the Bitcoin Policy Institute. The event, attended by notable figures like Michael Saylor and Vivek Ramaswamy, provided a platform for Lummis to outline her vision for a U.S. strategic Bitcoin reserve. This move

How Senator Lummis Aims to Shape U.S. Cryptocurrency Regulation

How Senator Lummis Aims to Shape U.S. Cryptocurrency Regulation

On February 27, 2025, Senator Cynthia Lummis of Wyoming shared her thoughts following a recent Senate hearing on digital assets. As the newly appointed chair of the Senate Subcommittee on Digital Assets, a role she assumed in January 2025 under Senate Banking Committee Chair Tim Scott, Lummis is steering the

Senator Cynthia Lummis to Lead Digital Asset Hearing to Shape Crypto Future

Senator Cynthia Lummis to Lead Digital Asset Hearing to Shape Crypto Future

U.S. Senator Cynthia Lummis of Wyoming is set to chair the inaugural hearing of the Senate Banking Subcommittee on Digital Assets, marking a pivotal moment for blockchain and crypto regulation in the United States. Lummis shared her excitement about this historic first step toward crafting bipartisan legislation that will

Senator Cynthia Lummis Proposes Bitcoin as Solution to Audit Challenges of US Gold Reserves

Senator Cynthia Lummis Proposes Bitcoin as Solution to Audit Challenges of US Gold Reserves

Senator Cynthia Lummis has proposed a revolutionary approach to addressing the long-standing issue of transparency in U.S. gold financial reserves by suggesting the addition of Bitcoin. This proposal comes in the wake of growing concerns over the lack of recent audits on the U.S. gold reserves held at

U.S. Marshals’ Silence on Seized Silk Road Bitcoin Sparks Controversy

U.S. Marshals’ Silence on Seized Silk Road Bitcoin Sparks Controversy

The U.S. Marshals Service is under fire for ignoring a critical deadline set by Senator Cynthia Lummis, a vocal advocate for cryptocurrency, who demanded answers about the government’s handling of Bitcoin seized from the infamous Silk Road marketplace. According to recent reports, the agency failed to meet the

CZ Binance Says "Crypto Moving at Crypto Speed" As US Strategic Bitcoin Reserve Comes to Fruition

CZ Binance Says "Crypto Moving at Crypto Speed" As US Strategic Bitcoin Reserve Comes to Fruition

Changpeng Zhao, commonly known as CZ, the CEO of Binance exchange, has weighed in on the establishment of a US Strategic Bitcoin Reserve. His comments signal a significant step towards the mainstream adoption of Bitcoin as a strategic asset by one of the world's leading economies. The concept

Senator Lummis Advocates for U.S. to Swap Gold for Bitcoin in Strategic Reserve Plan

Senator Lummis Advocates for U.S. to Swap Gold for Bitcoin in Strategic Reserve Plan

U.S. Senator Cynthia Lummis has introduced a bold economic strategy that could potentially reshape the U.S. financial landscape. During her appearance on CNBC this morning, Senator Lummis elaborated on her proposal for establishing a strategic Bitcoin reserve, suggesting a novel approach to managing the national debt and bolstering

Senator Lummis Advocates for the Federal Reserve to Exchange Gold Reserves for Bitcoin

Senator Lummis Advocates for the Federal Reserve to Exchange Gold Reserves for Bitcoin

In an era where traditional financial systems are increasingly intersecting with digital currencies, Senator Cynthia Lummis from Wyoming, a known ally of former President Donald Trump, has put forth a bold proposition. She suggests that the Federal Reserve should consider selling a portion of its gold reserves and instead invest