WASHINGTON – Imagine if President Bill Clinton created a Strategic Beanie Baby Reserve, hoping the ugly dolls could someday pay down the national debt. “There is no argument for why the government should be buying it and holding it,” said Jason Furman, a top economist in the Barack Obama White House. In all, the crypto industry spent $119 million, extracting a promise in September to make the United States the “crypto capital” of the world. (The White House did not respond to queries about why those particular coins.) Support HuffPost Already contributed?

Source: Huffington Post March 09, 2025 15:37 UTC