Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Top U.S. Democrats Pressure Treasury to Halt Trump's Strategic Bitcoin Reserve Plan

Top U.S. Democrats Pressure Treasury to Halt Trump's Strategic Bitcoin Reserve Plan

Bitget2025/03/13 23:00

Gerald Connolly, the Democratic leader of the US House of Representatives Oversight and Government Reform Committee, has urged the US Treasury Department to halt plans to create a strategic cryptocurrency reserve after President Donald Trump pursued the creation of a national bitcoin reserve and a personal cryptocurrency reserve. In a letter to the Treasury Department on Thursday, the Virginia Democratic lawmaker noted that Trump's push to create the reserve presents a ‘clear conflict of interest. “Gerald Connolly said Trump did not consult with Congress and did not ”seek congressional authorisation ‘to create the reserve. The letter says: ‘Establishing a strategic cryptocurrency reserve would enrich the President and his closest allies at the expense of the American taxpayer. I urge a halt to all plans to create a Strategic Cryptocurrency Reserve and request that a briefing be provided to the staff of the Committee on Oversight and Government Reform.’

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!