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

Disclosure: 82% of retail CFD accounts lose money

Lummis Pushes For BITCOIN Act, Schiff Disagrees

In an X post, Lummis agreed with Treasury Secretary Scott Bessent, who said that the Treasury Department is “committed” to exploring budget-neutral pathways for expanding the stockpile.

“We cannot save our country from $37 trillion debt by purchasing more bitcoin, but we can revalue gold reserves to today’s prices & transfer the increase in value to build SBR,” Lummis said….

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