-
Turf War Erupts Between Treasury and Commerce Over $21 Billion Bitcoin Stockpile
A bureaucratic standoff between two major federal agencies is preventing the launch of the Trump administration’s Strategic Bitcoin Reserve, despite the president signing the directive over a year ago. tweet In March 2025, President Trump issued an executive order designating the Treasury Department as the custodian for the planned reserve. Additional federal agencies were tasked with contributing to its growth through confiscated digital assets. However, progress has ground to a halt. According to a Bloomberg report, the Commerce Department has stepped forward as an alternative candidate to manage the ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From financefeeds.com | 4 hr ago
The U.S. Strategic Bitcoin Reserve is facing implementation delays as the Treasury and Commerce departments work to resolve which agency should oversee key parts of the program, creating a new obstacle for one of Washington’s most closely watched crypto policy initiatives. President Donald Trump signed an executive order in March 2025 establishing the ...
From finance.yahoo.com | 18 hr ago
The Trump administration's plan to create a Strategic Bitcoin Reserve has been complicated by two government departments vying to run it, alongside questions about which has the legal authority to do so. President Donald Trump ordered the reserve to be created last year as part of his promise to turn America into the "crypto capital of the world." His plan ...
From finance.yahoo.com | 15 hr ago
During an interview with entrepreneur and investor Anthony Pompliano, Viser said he is currently focused on the "wage side" of the narrative, which he doesn't expect to improve anytime soon. "I am much more negative in my opinion on the job market getting better," said Visser, head of AI Macro Nexus Research at 22V Research. "I think any weakness now that ...
