Senator Lummis chosen to chair Senate Subcommittee on Digital Assets  

Bitcoin price fell after US President Donald Trump signed an executive order creating a working body for researching and designing a “national digital asset stockpile.”

Senator Elizabeth Warren urged DOGE Chair Elon Musk to cut wasteful spending, proposing full IRS funding and closing the carried interest loophole.

The working group established under the EO will explore federal regulations for stablecoins and a national digital asset stockpile.