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The Latest Breaking News from Cynthia Lummis

Trump's Gold-For-Bitcoin Shock Plan Targets $38 Trillion Debt and $242K BTC

Sen. Cynthia Lummis (R-Wyo.) says that the Trump administration is considering a radical plan to convert a portion of the nation's gold reserves into Bitcoin (CRYPTO: BTC) to build a strategic digital reserve.

Benzinga

Senate’s next crypto bill slowed by language in stablecoin law - Roll Call

Opponents of crypto interest want the rewards issue addressed in legislation that the committee is now cobbling together.

Roll Call

Bitcoin Reserves Held By US Could Swell To $36 Billion As DOJ Files Largest Ever Forfeiture Linked To Cambodian 'Pig Butchering' Scams

The Justice Department filed its largest-ever forfeiture suit on Tuesday to seize more than $14 billion in Bitcoin (CRYPTO: BTC) tied to a global "pig butchering scam."

Benzinga

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Elon Musk's Bitcoin Energy Thesis Cited By Cynthia Lummis To Back Strategic Reserve, While Pierre Farragu Hails It As BTC's Most 'Compelling' Argument

Sen. Cynthia Lummis (R-Wyo.) referenced Elon Musk's argument on Bitcoin’s (CRYPTO: BTC) energy model on Tuesday to build a case for a strategic reserve of the cryptocurrency

Benzinga

Jack Dorsey Wants A Tax Exemption On Everyday Bitcoin Transactions — Cynthia Lummis Points Toward A Bill She Introduced

Sen. Cynthia Lummis (R-Wyo.) backed Block Inc. (NYSE:XYZ) CEO Jack Dorsey’s call for tax relief on Bitcoin (CRYPTO: BTC) transactions on Thursday, citing a supportive legislation she introduced earlier.

Benzinga

Cynthia Lummis Says Acquitisions For Strategic Bitcoin Reserve 'Can Start Anytime' Under Trump's Backing

Sen. Cynthia Lummis (R-Wyo.) piqued the curiosity of cryptocurrency enthusiasts Tuesday after stating that funding for a Strategic Bitcoin (CRYPTO: BTC) Reserve can start “anytime.”

Benzinga

Cynthis Lummis Says Bitcoin ATM Scams Have 'Concerned' Her For A Long Time, Senator Wants To Address The Issue In Crypto Market Structure Bill

Sen. Cynthia Lummis (R-Wyo.) voiced her long-standing concerns over fraudulent activities in the cryptocurrency kiosk space on Monday.

Benzinga

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Split emerges among Republican senators on Trump’s targeting of media in wake of Jimmy Kimmel furor

Rand Paul says FCC move ‘inappropriate’ while fellow Republican senator admits she’s evolving away from support for unfettered free speech protections

The Independent UK

First Tucker Carlson, now Ted Cruz: Conservatives are talking about an ‘unbelievably dangerous’ precedent being set by the FCC chair

“And it might feel good right now to threaten Jimmy Kimmel, but when it is used to silence every conservative in America, we will regret it.”

Fortune

Pentagon demands journalists sign pledge not to gather certain information

If they don’t agree to limits, including restricting movement within building, Pentagon press passes will be revoked

The Guardian - US

J.D. Vance Is Among the Latest Conservatives to Turn Their Backs on Free Speech for Their Political Opponents

Vice President J.D. Vance and Sen. Cynthia Lummis are among the latest conservatives to turn their backs on free speech when it comes to their ideological opponents.

Reason

Cynthia Lummis Says Publishing US GDP Data On Blockchain Is A 'Historic Move' — Thanks Trump, Lutnick For Leadership

Cryptocurrency supporters hailed on Thursday the U.S. government's move to post GDP numbers on several blockchain platforms.

Benzinga

Cynthia Lummis Backs Scott Bessent's 'Commitment' To Build Bitcoin Reserve Without Burdening US Taxpayers — 'I Have A Bill For That'

Sen. Cynthia Lummis (R-Wyo.) on Thursday backed a “budget-neutral approach” to building a Strategic Bitcoin (CRYPTO: BTC) Reserve, opposing the idea of purchasing additional BTC to address the mounting national debt.

Benzinga

Trump Greenlights Bitcoin In $40 Trillion 401(k)s: Peter Schiff Calls It A 'Gamble' With Retirement Savings — What Others Said

President Donald Trump signed executive orders on Thursday allowing cryptocurrency investments in 401(k) retirement plans, potentially opening $40 trillion in retirement savings to digital assets like Bitcoin (CRYPTO: BTC).

Benzinga

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The Guardian - US

Republicans slam Trump’s firing of Bureau of Labor Statistics chief

President claimed that recently released figures showing jobs slowdown were ‘rigged’ to make him look bad

Benzinga

Cynthia Lummis Proposes Bill To Include Digital Assets Like Bitcoin, Ethereum In Mortgage Lending, Targeting Younger Homebuyers

Sen. Cynthia Lummis (R-Wyo.) proposed a bill on Tuesday that seeks to incorporate cryptocurrencies into the mortgage eligibility process.

Benzinga

Senator Lummis Champions Bitcoin as Essential: 'Freedom Money and Will Make Life Better for Every American'

Sen. Cynthia Lummis (R-Wyo.) has been advocating for Bitcoin (CRYPTO: BTC), asserting its importance for the U.S. economy and its citizens.

Benzinga

Cynthia Lummis Releases Draft Bill That Aims To Make US Global Crypto Capital, Says She Won't 'Allow' Regulatory Confusion To Continue

Republican Senators released a discussion draft for the cryptocurrency market structure legislation on Tuesday, building on the recent passage of the CLARITY Act in the House of Representatives.

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Benzinga

Cynthia Lummis Raises Alarm Over Reports Of 80% Drop In US Bitcoin Reserves: Analyst Says 'Nothing Conclusive' Until Official Word Comes

Pro-cryptocurrency Senator Cynthia Lummis (R-Wyo.) expressed concern Wednesday over reports suggesting a massive reduction in the Bitcoin (CRYPTO: BTC) held by the U.S.

Benzinga

Crypto Tax Loopholes Closing? A Look Inside 'Bitcoin Senator' Lummis' New Bill

Senator Cynthia Lummis (R-WY) has introduced a sweeping digital asset tax reform bill aimed at modernizing how cryptocurrencies are taxed in the United States, renewing her efforts to ease regulatory burdens on digital asset users.

Benzinga

Trump's Crypto Advisor David Sacks Says July Will Be A 'Big Month' — Says President Supports Legislation On Market Structure And Stablecoins

President Donald Trump's crypto and AI advisor, David Sacks, praised on Thursday the Senate’s timeline and plan for crypto legislation that proposes dividing oversight of digital assets between market regulators.

Benzinga

'Bitcoin Senator' Cynthia Lummis Lauds White House's 'Real Enthusiasm' For Crypto Legislation

Senator Cynthia Lummis (R-Wyo.) has expressed optimism that the White House is actively supportive of passing major crypto legislation as soon as July.

The Independent UK

AI companies could soon be protected from most lawsuits under new GOP bill

Bill aims to ensure professionals such as doctors, lawyers, financial advisers, engineers who use AI programs retain legal liability if their work contains errors

Roll Call

Digital assets bill reclaims spotlight as reconciliation work goes on backstage - Roll Call

Senate floor debate on a bipartisan stablecoins bill is expected this week as Senate Republicans work on changes to the reconciliation bill.

International Business Times

Bitcoin Champion Sen Cynthia Lummis Cancels Meeting With Ripple CEO, $XRP Tumbles

Sen. Lummis, known for advocating for a strategic Bitcoin reserve, has canceled a meeting with Ripple CEO Brad Garlinghouse, triggering divided comments from the crypto community on X.

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