Senator Cynthia Lummis

@SenLummis • 391,554 subscribers

U.S. Senator from Wyoming

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Senator Cynthia Lummis

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We will convert excess reserves at our 12 Federal Reserve banks into #bitcoin over five years. We have the money now!

With a strategic #Bitcoin reserve, we will have an asset that can cut our debt in half by 2045.

This is the solution. This is the answer. This is our Louisiana Purchase moment! #Bitcoin2024

I’m ready to help you make this a reality Donald J. Trump 🇺🇸

.Robert F. Kennedy Jr will do the necessary work of addressing youth obesity and looking at the impact of ultra processed foods. I love his enthusiasm for Making American Healthy Again.

I’ve already got the itinerary planned, Senator Katie Boyd Britt. I would love to welcome you to the Cowboy State! Thanks for giving me a shoutout on the The Katie Miller Podcast Full episode ➡️

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We are continuing the work on the Clarity Act to ensure that America is the one who writes the rules. This bipartisan bill will protect consumers.

Thank you to my colleagues, Treasury, the White House, and members of the industry for your tireless efforts and partnership. Now let’s get the Clarity Act to the President’s desk!

For nearly 250 years, America has been the land of innovation. The Clarity Act continues that tradition by ensuring financial innovation happens here on U.S. soil under clear pro-growth, pro-consumer guidelines.

Great catching up with Charles V Payne to talk about Clarity Act progress! Next step: combining the bills passed by Senate Banking &amp; Ag Committees, adding ethics language, and making technical refinements --&gt; then it's headed to the Senate floor this summer. Stay tuned.

Digital assets provide individual freedom and individual savings. It is faster, it is cheaper, it is secure— and we’re inviting that consumer environment into our country under a very clear set of rules.

We've worked with Democrats for 9+ months to get this bill ready. It creates a regulatory framework that doesn't exist yet in the digital asset world — right now it's the wild west. This bill brings the industry into the fold here in the U.S. to serve the American consumer.

After more than half a decade, Kraken just became the FIRST digital asset company to gain direct access to the American payment system. We are creating the 21st century financial services industry.

The risks the Ranking Member spoke of exist right now because there’s no regulatory framework. The Clarity Act creates one by establishing clear rules at the SEC and CFTC to protect good actors, punish bad ones, and bring the digital asset industry back to America.

Credit Unions are embracing digital assets and know that they can now offer a wider array of services and opportunities to their members. It's the future!

Digital assets are being woven into the fabric of America’s financial system. I look forward to a Federal Reserve chair who not only understands that, but embraces it.

I am for real this time.

.Treasury Secretary Scott Bessent: "I think that it's impossible to proceed without it. We have to get this CLARITY Act across the finish line." Couldn't agree more, Mr. Secretary. Let's get it done.

Without a clear regulatory framework, digital asset innovation will flee to Dubai or Singapore. Their rules don't come close to the consumer protections we're building. This bill keeps the industry in America, protects consumers, and lets technology thrive.

We are working every single day to get digital asset market structure across the finish line. The time is now.

Many people know my passion for Bitcoin and why I believe it is freedom money. But not many people know the real story behind why I value it so much. This is why:

A heartfelt thank you to the Bitcoin community! I’m proud to fight every day on behalf of freedom money and the future. A great day at The Bitcoin Conference!

It's been a long time coming. Now let's get it done.

I truly believe the Strategic Bitcoin Reserve is the only solution to offset our national debt. I applaud President Donald J. Trump and his administration for embracing the SBR, and I look forward to getting it done.

Tomorrow we are holding a subcommittee hearing to examine legislative proposals focused on strengthening America's nuclear energy future — including a bill I introduced last week with Senator Mark Kelly that ensures local American companies are utilized wherever it's safe to do so.

I have several issues with Jay Powell but one of my biggest beefs is the $2.5B price tag on his new Palace of Versailles Fed HQ. He needs to go, and he needs to go now. And I know just the guy to replace him! You up for it, Charles V Payne?

Great catching up with Charles V Payne to talk about Clarity Act progress! Next step: combining the bills passed by Senate Banking & Ag Committees, adding ethics language, and making technical refinements --> then it's headed to the Senate floor this summer. Stay tuned.