Trump supports a bill to buy a million Bitcoin: Lummis reveals when

The opening day of the Bitcoin 2025 conference gave an unambiguous political signal: President Donald Trump has gave weight behind the legislation that requires the United States to collect a strategic reserve of one million bitcoin. Senator Sinator Centeh Lomes revealed the White House’s commitment during a heavy session of politics on the main stage of the conference, which is surrounded by Senator Marsha Blackburn and Jim Al -Adl.
Lummis sets a schedule for the Bitcoin invoice
“President Trump supports the draft law and has a team in the White House working on digital asset issues-everything from Stablecoins to the market structure to the strategic reserve Bitcoin- and it is possible that it will be presented in this order He saidBring Bitcoin’s work to the attention of the American people and the world.
Serial things. Lummis emphasized that the law of the National Innovation and Establishment of the American Stablecoins (Genus) law has cleared the Senate Banking Committee before the anniversary holiday. “We are close to being ready to be on the ground,” she told the public, noting that weeks of negotiations from the two parties produced a text that the minority party can accept. “We must vote on that in the week we return from this break. Then we will build the market, then we will make the Bitcoin strategic reserve.”
Similar to the way Fort Knox US Gold Holdings, the revised Bitcoin Law-which was first presented in July 2024 and re-submitted on March 11, 2025-The treasury declares by purchasing up to one million BTC over a five-year using the “neutral budget” mechanisms already available to the Federal Reserve and the Stability Stability Fund. In the immediate price on Wednesday of $ 108,900, this position will be estimated at about 108.9 billion dollars, equivalent to 2.6 percent of the estimated budget for 2025.
Lummis reserved as energy and security necessity. She said, “When China prevented Bitcoin mining, they took the United States in great interest because many of these mining operations came here,” he said, repeating Trump’s recent invitation to make “Bitcoin Mining and America’s appendix.” She said that the associate dominance of local retail centers with federal accumulation will give Washington a “geopolitical advantage.”
She added that this opinion is shared by senior uniform officers. “I have spoken to the generals in our army who understand that economic power is no less important than the military power in dealing with aggressors around the world – and there are generals … from senior supporters obtaining the strategic bitcoin reserves for this reason.”
The state’s momentum promotes federal payment. The state of Arizona, Texas, and New Hampsheer submitted its own strategic laws this year, and legislators in thirty other judicial states discussed similar measures. “The states are the place where innovation occurs,” said Lomes.
Abroad, United Arab Emirates is building exposure through the investment funds circulating in the United States, while the Czech National Bank is studying BTC as a reserve diversity. She added: “This is a good thing for America because they will build their sovereign wealth in Bitcoin through the American Investment Funds.”
Although the White House on March 7 issued an executive order to direct agencies to lay the foundation for storage of federal Bitcoin, it is only the Congress that can suit money or amend the debt management laws-Bitcoin Law was designed. Through the stablecoin framework that is preparing to vote on the floor in early June and photographing the market structure in Tuabour, Lummis told them that they would remain two temples. She said, “At that time, we will invite you to help members of Congress in your states understand the importance,” and it confirms the narrow legislative evaluation before the August holiday.
Currently, the path passes to the Satoshi trillion reserve across their Senate rooms. But political optics turn: the sitting president has approved the accumulation of federal bitcoin, and the Pentagon congratulates the concept, and three American states have already legitimized partial plans.
At the time of the press, BTC was traded at $ 108,905.

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