Senator Cynthia Lummis (@SenLummis) on X (original) (raw)

U.S. Senator from Wyoming

• Senator Cynthia Lummis reposted
  
  The Federal Reserve should not be able to decide who gets access to the payments system based on insider status. If an institution meets the legal standard for a master account, the Fed should not move the goalposts. Our payments system needs competition, transparency, and
  
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  The rules for digital assets exist. We just have to make them law. That is what the Clarity Act does.
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  The Clarity Act gives developers certainty. It gives investors protection. It gives markets integrity. All three matter.
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  Big Banks debanked President Trump—and many others in America—because they didn't agree with their politics. We can never go back to Biden's Operation Chokepoint 2.0 policies. This should be investigated. Thank you,
  @USAttyPirro
  !
  
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  A Strategic Bitcoin Reserve is the most asymmetric bet the U.S. Treasury could make. The downside is manageable. The upside is generational.
• Senator Cynthia Lummis reposted
  
  We're excited about the US CLARITY Act. We think all YC companies will use crypto technology, like stablecoins, before long. Not just crypto startups, not just fintech startups, but every company. Here's why this law is such a big deal 🧵
  
  The Clarity Act passed committee. The floor is next. We did not come this far to quit at the 5 yard line.
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  The Clarity Act draws a clear line between digital assets that are securities and those that are commodities. We've needed that line for a decade.
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  Other nations are accumulating Bitcoin quietly. We should be doing it loudly, on the record, by law.
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  Giving the digital asset industry the commonsense rules it needs to thrive isn't a Republican issue or a Democrat issue. It's an American competitiveness issue. Pass the Clarity Act.
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  🥇 877 Gold Medalists, including 16 from Wyoming, came to D.C. this week for the Congressional Award. These young people aren't waiting to make a difference. They already are. The future is in extraordinary hands.
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  Financial freedom is an American value. Digital assets are its newest expression. We should be the ones protecting it.
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  American builders should not have to move to Singapore or Switzerland to know what the rules are. The Clarity Act fixes that.