According to The Block, Foresight News reported that Gerald Connolly, the top Democratic member of the House Government Oversight and Reform Committee, wrote to the Treasury Department, urging them to halt the Trump administration's plan to establish a cryptocurrency national stockpile. "The establishment of a cryptocurrency strategic reserve would enrich the President and his closest allies at the expense of American taxpayers. I urge you to cease all plans to establish a cryptocurrency strategic reserve and request that you brief the staff of the Oversight and Government Reform Committee."
US Democratic lawmakers pressure Treasury to halt Trump's crypto reserve plan
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