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Sunday, March 9, 2025

Trump's executive order creates a strategic Bitcoin reserve

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Senator Cynthia Lummis, U.S. Senator for Wyoming | Official U.S. Senate headshot

Senator Cynthia Lummis, U.S. Senator for Wyoming | Official U.S. Senate headshot

U.S. Senator Cynthia Lummis, who chairs the Senate Banking Subcommittee on Digital Assets, has expressed her support following President Trump's executive order to create a Strategic Bitcoin Reserve.

In her statement, Lummis emphasized the significance of this move: “President Trump promised to lead the most pro-digital asset administration in U.S. history, and today he is fulfilling that promise.” She further noted that by recognizing bitcoin as a strategic asset, President Trump is addressing national debt concerns and enhancing America's leadership in financial innovation.

Lummis also mentioned the historical impact of this decision: “The American people will look back on this decision as the moment we reclaimed our financial future.” She affirmed her commitment to collaborating with President Trump to see this initiative through.

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