Tag Archives: congressional

Congressman from Ohio introduces bill to allow federal tax payments in bitcoin

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The post Congressman com. One of the crypto industry’s longtime Republican allies in Congress introduced a bill to allow individuals and businesses to pay taxes in bitcoin BTC$84,478. 06 without triggering capital gains liability and also directing the funds to the U. S. Strategic Bitcoin Reserve providing a new funding mechanism for the federal crypto stockpile that hasn’t yet been established. Rep. Warren Davidson (R-Ohio) introduced the Bitcoin for America Act to allow Americans to pay federal taxes in bitcoin, he said on his official website on Thursday. Davidson, a bitcoin advocate since 2012, said the bill is aimed at strengthening the country’s economy and positioning it at the forefront of global digital asset leadership. “The Bitcoin for America Act marks an important step toward modernizing our financial systems and embracing the innovation that millions of Americans already use every day,” he said in a statement. “By allowing taxpayers to pay federal taxes in bitcoin and having the proceeds placed into the Strategic Bitcoin Reserve, the nation will benefit by having a tangible asset that appreciates in value over time unlike the U. S. dollar, which has steadily lost value under inflationary pressures,” he stated. He said in a talk with the Bitcoin Policy Institute, a research organization advocating BTC, that he regrets Congress did not listen to him back in 2016 when BTC was around $500 to $600. “Think about the upside in terms of what it could do for a country that’s $38 trillion in debt,” the congressman said. “The Bitcoin for America Act proves that a strategic Bitcoin reserve doesn’t need to be a top-down mandate,” said Conner Brown, Head of Strategy at BPI. “By letting Americans voluntarily contribute bitcoin through their tax payments, it creates the first truly democratic, market-driven model for national bitcoin accumulation.” President Donald Trump’s Strategic Bitcoin Reserve. Continue reading Congressman from Ohio introduces bill to allow federal tax payments in bitcoin→

Marjorie Taylor Greene is resigning. Here’s what to know about her five years in Congress

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Republican Marjorie Taylor Greene of Georgia has announced she will resign from Congress on January 5, 2026. Continue reading Marjorie Taylor Greene is resigning. Here’s what to know about her five years in Congress→

Texas seeks Supreme Court order to use a congressional map judges held is likely racially biased

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Texas seeks Supreme Court order to use a congressional map judges held is likely racially biased Continue reading Texas seeks Supreme Court order to use a congressional map judges held is likely racially biased→

Joe Biden to attend Dick Cheney’s funeral, as Donald Trump continues to remain silent on his death

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WASHINGTON (AP) Former president Joe Biden will attend Thursday’s memorial service for former vice president Dick Cheney at the Washington National Cathedral, which will feature remarks. Continue reading Joe Biden to attend Dick Cheney’s funeral, as Donald Trump continues to remain silent on his death→

Dissenting judge slams colleagues for blocking Texas congressional map

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WASHINGTON, Nov 19 (Reuters) A U. S. judge issued an unusual dissenting opinion on Wednesday lambasting an earlier ruling that blocked Texas Republicans from using a new congressional map, saying he had been cut out of the decision-making process by two other judges on a three-judge panel. U. S. Circuit Judge Jerry Smith said in his dissent that he was outraged by Tuesday’s decision, which was a major blow for Republicans, in Texas and nationally, who redrew the state’s electoral districts at the behest of President Donald Trump. Smith, an appointee of former President Ronald Reagan, was one of three federal judges who. Continue reading Dissenting judge slams colleagues for blocking Texas congressional map→

SNAP is back, but millions of Americans could lose benefits due to new restrictions

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Just as SNAP benefits were reinstated for millions of Americans following the reopening of the federal government, many are now set to permanently lose them. Continue reading SNAP is back, but millions of Americans could lose benefits due to new restrictions→

AfD’s Alice Weidel Expected to Visit Washington to Meet Congress GOP

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Congressional Republicans are preparing to receive a major AfD delegation in Washington, potentially led by party co-chair Alice Weidel. The invitation, made by Rep Anna Paulina Luna, signals a deepening ideological alliance between MAGA Republicans and Europe’s rising sovereigntist movements. The post AfD’s Alice Weidel Expected to Visit Washington to Meet Congress GOP appeared first on Hungarian Conservative. Continue reading AfD’s Alice Weidel Expected to Visit Washington to Meet Congress GOP→

Pelosi earned more than $130 million in stock profits, return of 16,930%, during time in Congress: report

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Nancy Pelosi and her husband have made around $133. 7 million in stock profits during her congressional career, which began in 1987, according to a new report. Continue reading Pelosi earned more than $130 million in stock profits, return of 16,930%, during time in Congress: report→

Voters’ anger over high electricity bills and data centers loom over 2026 midterms

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Voter anger over the cost of living is hurtling forward into next year’s midterm elections, when pivotal contests will be decided by communities that are home to fast-rising electric bills or fights over who’s footing the bill to power Big Tech’s energy-hungry data centers. Electricity costs were a key issue in this week’s elections for [.]. Continue reading Voters’ anger over high electricity bills and data centers loom over 2026 midterms→