U.S. Republican senators urge the Treasury Department to buy Bitcoin

Feb 05, 2026 00:03:51

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Some Republican lawmakers are urging the U.S. Treasury to purchase Bitcoin. Senator Cynthia Lummis has reportedly suggested to Treasury Secretary Yellen to use the U.S. gold reserves to buy Bitcoin. She proposed this idea to Yellen last year and stated that she would support actions taken within the existing executive authority.

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