The second time, Alabama’s Senator Tommy Tuberville has been designed to resume a bill with the aim of allowing Americans to add cryptocurrency to their retirement savings schemes.
In Fox News Interview on 31 March, Sen Tubercives Said He planned to re -submit his “Financial Financing Act” law after two unsuccessful efforts to obtain law through Congress in 2022 and 2023. In announcing the bill, Alabama Senator said he wanted to help us in the alleged role of President Donald Trump as “Crypto President”.
“Give people a chance to breathe once […] Let them do what they do best [which] Investing his money, “said the senator.
The Financial Freedom Act, which was first introduced by Tuberville in the US Senate in May 2022, proposed to score the rules back with the labor department on the types of investments used in 401 (K) retirement plan feducer. The senator said he would re -present the bill on 1 April, but the Congress records did not show any movement at the time of publication.
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Vyoming senator Synthia Lummis was a cosperor of the 2023 bill, but at the time of publication, it was not clear whether he intends to support it again. In an 2022 interview, the senator said that she was “very comfortable with sure that people could include bitcoin in their retirement funds.”
Crypto law in the 119th session of Congress
The Crypto Retirement Bill came as members of the Republican-controlled Congress, considering the law to establish the market structure rules for industry and stabechoin regulations. Supporters of the law have suggested that MPs get bills at Trump’s desk to sign the law before August holiday. After that time, they could become more politically charged issues.
https://www.youtube.com/watch?v=6unogdvqwre
On 1 April, the voters of Florida will decide on representatives of their House in the 1st and 6th Congress districts of the state. Republican Jimmy Patronis and Randy Fine have support from the Crypto industry through the media which is funded by the Defend American Jobs Political Action Committee. As of 22 March, PAC has spent about $ 1.5 million to support two candidates.
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