US Sen. Lummis Says President Biden Is Picking 'Winners and Losers' With Proposed Crypto Mining Tax

The Biden administration is picking "winners and losers" in a proposal to tax cryptocurrency miners, US Sen. Cynthia Lummis said in a tweet on Thursday. The Wyoming Republican called Biden's proposed 30 percent tax a "blatant attempt by the administration to pick winners and losers." "I will not let President Biden tax the digital asset industry out of existence," Lummis said. ...