Every Senate Dem voted against no tax on tips, no tax on overtime, no tax on social security, and the largest tax cut in history. No thanks to them, Americans received record-high tax refunds.
It’s shameful that they choose their far-left base over hardworking Americans.
We won’t let Main Street continue to get crushed by Wall Street. There can be no housing bill passed in the Senate without this key piece of legislation.
Current situation:
1. Stocks = Record high
2. Gold = Record high
3. Silver = Record high
4. Home Prices = Record high
5. Copper = Record high
6. Platinum = Record high
7. Money Market Funds = Record high
8. US Debt = Record high
9. Deficit Spending = Record high
10. Household Debt = Record high
When everything hits a record high at the same exact time, it's not a coincidence.
Fiat currencies are depreciating.
The Bitcoin for America Act:
+ Codifies the Strategic Bitcoin Reserve EO
+ Exempts Bitcoin payments of tax liabilities from capital gains
+ Holds Bitcoin tax payments in the Strategic Bitcoin Reserve
+ Tax payments could then be saved rather than spent
Sound money is essential to defending freedom.
PRESS RELEASE: Today, BPI is endorsing the Bitcoin for America Act introduced this morning by @rep_davidson.
We're also releasing a first-of-its-kind financial dashboard modeling the impacts of the U.S. government accepting bitcoin for tax payments.
1) This week in Congress and crypto: We're back to normal in Congress...finally. Nomination hearings for key agency posts, feedback on market structure due, media narrative wars heating up and agencies back in action. With the holidays fast approaching, here's what to watch for:
TRUMP also said he would be willing to cut a health care deal with Democrats.
"I'm a republican but I want to see health care -- much more so than Democrats," Trump said.
Follow Jesus.
Work.
Get married.
Have babies.
Protect babies.
Protect kids and educate them.
Defend your family.
Build communities that share these values.
Elect governments that defend it all.
Somehow this is called right wing extremism.
Interest Rate Refresher.
An interest rate consists of two core components.
1. Time Value of Money (inflation). If I loan you $100,000 for one year, I want it to be just as valuable in one year as it is today. The current inflation rate is roughly 3%, officially. So, at a minimum, I would need $103,000 next year in exchange for $100,000 today.
2 Default Risk. No matter how well-backed your guarantee to repay me, there is some risk you don’t pay me back. That’s default risk. It varies based on your credit worthiness, your future plans, the quality of assets I would lay claim to if you were to default, and more.
These two components are inherent in every interest rate. So, while the Federal Reserve sets certain rates and influences others, the market ultimately determines rates. It’s entirely possible the markets expect a higher yield after a rate cut than before. That’ s exactly what happened last year. When the Federal Reserve lowered rates, the markets demanded higher rates because they expected more inflation and high risk of default.
What will happen now in US markets? We shall see…
The people celebrating Charlie Kirk’s murder would celebrate mine or yours. Thankfully, there are more thoughtful voices.
“I wanted Kirk to be safe for his sake, but I also wanted him to be safe for mine, and for the sake of our larger shared project.” - Ezra Klein
https://t.co/IQL6gSHXoa via @NYTOpinion
Looking forward to this timely discussion at the New York Crypto Gala this evening with @whizwang@thatgerald@mjrob_!
And loving the title of this panel 🇺🇸
The future of Crypto in America is predictable rules for innovation in the deepest capital markets in the world.
Thanks for a great discussion at the NYC Crypto Gala @whizwang@KhurramDara@mjrob_
REP. DAVIDSON EXPLAINS TRUMP’S DIGITAL ASSET FRAMEWORK FOR CRYPTO
1. BAN CENTRAL BANK DIGITAL CURRENCY
2. PROTECT SELF-CUSTODY
3. STABLECOINS NORMALLY BACKED BY TREASURIES
4. MARKET STRUCTURE - SECURITIES, COMMODITIES, REAL WORLD ASSETS
@Rep_Davidson explains to @MattGaetz the four critical components of Trump’s Cryptocurrency Digital Asset Framework Executive Order.