Bitcoin in retirement plans? Sen. Tuberville revives crypto bill

In a Monday evening interview with Larry Kudlow on Fox Business, Senator Tommy Tuberville (R-Ala.) voiced strong support for President Trumpโ€™s latest economic agenda, particularly its emphasis on deregulation and access to cryptocurrency.

Tuberville, the sitting Senator since 2021, spotlighted his โ€œFreedomโ€™s Act,โ€ 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.

โ€œPresident Trump has become the crypto president and we want to help him with this,โ€ he said. โ€œThis would be something good for everybodyโ€ฆ diversify. Itโ€™s a free country., do what you want with your money.

Tuberville contrasted Trumpโ€™s crypto-friendly policies with what he described as the Biden administrationโ€™s that โ€œdidnโ€™t want anything to do with crypto.โ€

Part of a bgger economic push

The senator linked the pro-crypto stance to Trumpโ€™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 โ€œa chance to breathe for onceโ€ after four years of being โ€œstrangled.โ€

โ€œWe have to get this doneโ€ฆ if weโ€™ve got to stay up here every night, all through the weekend,โ€ Tuberville said. โ€œAmerican people have to know that the tax cuts are going to be done and done permanently.โ€

As Trumpโ€™s โ€œLiberation Dayโ€ announcement approaches, Tuberville made it clear: crypto is no longer a fringe issue, rather itโ€™s at the center of the GOPโ€™s economic strategy.

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