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Oversight Democrats launch review of crypto reserve ‘poised to enrich’ Trump
House Oversight Democrats are encouraging President Trump to abandon his plans for a crypto reserve, calling it a strategy to enrich himself at taxpayer expense. The reserve, announced by Trump last week as both a strategic bitcoin reserve and “digital asset stockpile” for other forms of digital currency, would be akin to other reserves and stockpiles managed by the government, such as those for gasoline, food, and gold. But Trump has heavily invested in cryptocurrency, including in a platform for buying various cryptocurrencies as well as launching his own meme coin. “Such a reserve provides no discernible ... (full story)
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- Posted: Mar 13, 5:20pm (31 hr ago)
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 259
