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In a Monday evening interview with Larry Kudlow on Fox Business, Senator Tommy Tuberville (R-Ala.) voiced strong support for President Trump’s latest economic agenda, particularly its emphasis on deregulation and access to cryptocurrency. Tuberville, the sitting Senator since 2021, spotlighted his “Freedom’s Act,” a policy that would allow Americans to invest their retirement funds in Bitcoin (BTC) and other altcoins. Tuberville introduced his act in 2022 and 2023 but it failed to make any notable progress. He hopes that now with the backing of President Donald Trump his vision can become a reality. “President Trump has become the crypto president and we want to help him with this,” he said. “This would be something good for everybody… diversify. It’s a free country., do what you want with your money. Tuberville contrasted Trump’s crypto-friendly policies with what he described as the Biden administration’s that “didn’t want anything to do with crypto.” Part of a bgger economic push The senator linked the pro-crypto stance to Trump’s wider economic vision, which includes deregulation, tax cuts, energy independence, and trade reform. He argued that deregulation through executive orders is a necessary move to counter Democrat opposition and provide Americans “a chance to breathe for once” after four years of being “strangled.” “We have to get this done… if we’ve got to stay up here every night, all through the weekend,” Tuberville said. “American people have to know that the tax cuts are going to be done and done permanently.” As Trump’s “Liberation Day” announcement approaches, Tuberville made it clear: crypto is no longer a fringe issue, rather it’s at the center of the GOP’s economic strategy. Source: https://crypto.news/bitcoin-in-retirement-plans-sen-tuberville-revives-crypto-bill/

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Filed under: News - @ April 1, 2025 8:21 pm