Sure! Please provide the article excerpt you’d like me to rewrite, and I’ll make it more engaging while keeping the HTML tags unchanged
As former President Donald Trump prepares for a potential second term, early indications suggest Republicans may secure a trifecta, winning control of the House. This shift could significantly influence legislative agendas and national policy moving forward.
Senator Cynthia Lummis (R-WY) has introduced a bill that would establish a $67 billion Strategic Reserve of Bitcoin to back the U.S. dollar. The proposed “Responsible Financial Innovation Act” would require the Treasury Secretary to purchase and hold at least $500 million in Bitcoin each year until the reserve reaches $67 billion. The bill also calls for the creation of a new regulatory framework for digital assets. Lummis argues that a Bitcoin reserve would help to stabilize the U.S. dollar and protect it from inflation.