JUST IN: Already 9 congressmen have announced support for Congressman Nick Begich's new Strategic Bitcoin Reserve bill 🇺🇸
- Jared Golden
- Buddy Carter
- Matt Van Epps
- Barry Moore
- Burgess Owens
- Mike Carey
- Mike Rulli
- Riley Moore
- Pat Harrigan
BREAKING🚨: Rep. Nick Begich (R-AK) introduces bill to codify President Trump's E.O. to establish a Strategic Bitcoin Reserve.
@RepNickBegich telling FOX Business Bitcoin should be treated like the gold of the crypto asset class:
“When you look at gold, it is the dominant precious metal reserve,” Rep Begich said. “When look you at Bitcoin, it represents about 60% of all market cap for the entire crypto space. So the market has decided, in the case of gold and in the case of Bitcoin, that this will be the predominant store of value within that asset class.”
FOX Business with the exclusive on it below⬇️
foxbusiness.com/politics/gop-l…
The Clarity Act has passed through committee, and the full Senate will soon vote on it.
It will set guardrails for cryptocurrency regulation.
But @SenRickScott tells @FoxBusiness@DarrenBotelho that we need to have a balance between regulation and innovation.
Get the full episode of the FOX Business Rundown: buff.ly/6CDp5aq
Senator Cynthia Lummis (R-WY) says the warning signs from labor and banking trade groups about the Clarity Act is “red herring.”
Sen Lummis (R-WY): “We've been, hearing that since day one. That's a red herring.”
A Bombardier Challenger 600 crashed as it was taking off from Bangor International Airport in Maine around 7:45 p.m local time on Sunday, Jan. 25. Eight people were on board. The FAA and NTSB will investigate.
This information is preliminary and subject to change.
Treasury Secretary Scott Bessent will hold a phone call with Chinese Vice Premier He Lifeng today.
This will be the first conversation between the two since China announced its new export controls and the US responded with the announcement of additional 100% tariffs #China#Trade
Read our statement on today’s decision in the case involving Google Search:
Earlier today a U.S. court overseeing the Department of Justice’s lawsuit over how we distribute Search issued a decision on next steps.
Today’s decision recognizes how much the industry has changed through the advent of AI, which is giving people so many more ways to find information. This underlines what we’ve been saying since this case was filed in 2020: Competition is intense and people can easily choose the services they want. That’s why we disagree so strongly with the Court’s initial decision in August 2024 on liability.
Now the Court has imposed limits on how we distribute Google services, and will require us to share Search data with rivals. We have concerns about how these requirements will impact our users and their privacy, and we’re reviewing the decision closely. The Court did recognize that divesting Chrome and Android would have gone beyond the case’s focus on search distribution, and would have harmed consumers and our partners.
As always, we’re continuing to focus on what matters — building innovative products that people choose and love.
@Grady_Trimble and I traveled to Oklahoma City to cover DOT Secretary Sean Duffy’s visit of the FAA’s Air Traffic Controller Academy. He announced increased pay for ATC Academy students and the push to increase ATC staffing across the industry in the U.S.
DOGE website now has information on it about the federal workforce, regulatory numbers, and applications to join DOGE.
DOGE will also provide savings receipts by Friday.
doge.gov
Treasury Secretary Scott Bessent offered Ukrainian President Zelenskyy an economy investment deal concerning Rare Earth Materials .. that proposal as the Ukrainian President called it.. will be reviewed and a response will be made on Friday during his meeting with VP Vance.
Watch FOX Business at 5p ET / 2p PT for the first one on one interview with David Sacks.. the new Crypto Czar and AI Czar for President Donald Trump. I will ask about the new Executive Order on opening Crypto for business in the U.S. #crypto
Fox Business confirms the Congressional DOGE Caucus is breaking members up into 8 work groups:
- Retirement
- Safety Net and Family Support
- Emergency Supplements
- Natural resources and permitting
- Homeland and legal (judiciary)
- Defense and Veteran Affairs
- Workforce and Infrastructure
- Finance and Government operations
Per @kevgora