The BITCOIN Act proposes the US hold over 1 million BTC in reserves, backed by Senator Cynthia Lummis. Meanwhile, various lawmakers express concerns about the plan, citing potential conflicts and negligible benefits.
The U.S. Oversight Committee questions President Trump's proposed Bitcoin reserve, citing potential conflicts of interest and market integrity risks.
Democrat lawmaker Gerald Connolly opposes Trump's plan for a crypto reserve, citing conflicts of interest due to Trump's crypto holdings and financial stakes.
A U.S. lawmaker opposes Trump's Bitcoin reserve plan, urging its halt.
Gerald Connolly, a Democratic member, demands a halt to Trump's Bitcoin reserve initiative, citing conflicts of interest in Trump's cryptocurrency projects.
Democratic Rep. Gerald Connolly advises halting the U.S. Treasury's cryptocurrency reserve plan due to Trump's conflicts of interest.
House Oversight Chair Gerald Connolly urges the U.S. Treasury to pause Trump's proposed Bitcoin reserve due to growing concerns.
Rep. Gerald Connolly urges the Treasury to stop Trump's strategic bitcoin reserve plans due to conflicts of interest.
Congressman Gerald Connolly requests investigation into Trump Token and World Liberty Financial for potential conflict of interest.