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Showing posts with the label senate banking subcommittee

Lummis '₿ig things' tweet refers to subcommittee, not Bitcoin Reserve

Cynthia Lummis, the Republican junior senator from Wyoming, teased via X that “₿ig things are coming!.” The inclusion of the Bitcoin symbol in lieu of the “B” led many to speculate that the announcement was going to be about the promised “Strategic Bitcoin Reserve.” Even Justin Sun, an advisor to President Donald Trump-endorsed DeFi project World Liberty Financial, was excited by the news, quote-posting her announcement of a future announcement and adding that he thought it would be “₿ig things.”  Unfortunately for those caught up in the speculation, it seems likely that Lummis’ post referred to her new role as chair for the Senate Banking Subcommittee on Digital Assets. Honored to chair the Senate Banking Subcommittee on Digital Assets. pic.twitter.com/mWj2hKA0NQ — Senator Cynthia Lummis (@SenLummis) January 23, 2025 Some folks were disappointed by this, especially since this particular news was already rep...