US Presidential Candidate Tulsi Gabbard Bought Crypto at Height of Bull Market

US Congresswoman Tulsi Gabbard of Hawaii is running for president of the United States in 2020. In December 2017, Gabbard bought Litecoin and Ether at the height of the crypto bull market, according to federal filings. Other US lawmakers who invested in crypto include Republican Bob Goodlatte, a 13-term Congressman from Virginia.In 2018, Goodlatte revealed that he held $17,000 to $80,000 worth of bitcoin, bitcoin cash, and Ether. The Congressional Blockchain Caucus urged US lawmakers to support blockchain and crypto. They say the disruptive technologies could revolutionize banking, supply-chain management, and healthcare.
Mulvaney is also the director of the Office of Management and Budget. His job is to prepare President Donald Trump’s budget proposals to Congress. Having bitcoin proponents at the highest levels of the federal government could be a boon or a bust for the crypto market. Only time will tell.