U.S. Congressman Pitches Crypto ATMs for Federal Government Buildings
A Texas congressman is asking the federal government to consider installing cryptocurrency ATMs in federal buildings as a way to help foster the pro-digital assets stance pushed by President Donald Trump.
Representative Lance Gooden asked the chief of the General Services Administration — the agency that maintains the government's buildings and real estate — to look into putting the automated teller machines into those facilities as a "signal to the public that the government is embracing innovation in a secure and responsible manner," according to a Thursday letter reviewed by CoinDesk.
"Expanding accessibility to crypto ATMs within federal buildings aligns with President Trump's vision of positioning the United States as a global leader in cryptocurrency and blockchain technology," he said.
The GSA already hosts some traditional ATMs in a few of its facilities, according to its website.
The letter requested GSA Acting Administrator Stephen Ehikian review the feasibility of executing the proposal in a way that includes "clear guidelines for the installation and operation of crypto ATMs, focusing on robust identity verification measures and transparency in transaction fees."
This proposal lands as the devices have drawn attention for their use in scams, inspiring Senator Dick Durbin, an Illinois Democrat, to push the Crypto ATM Fraud Prevention Act that would put limits on big transactions. And New Jersey is weighing a new bill that would require the ATM operators to warn users about potential scams and provide live customer service.
At least one of the ATM operators, Bitcoin Depot, reported last month that transactions and revenue from the machines were down, even as bitcoin (BTC) trading grew during the recent rise in the price.
Gooden's committee assignments don't put him in direct touch with the crypto legislation currently moving through Congress, though advocacy group Stand With Crypto has given him an "A" grade for industry friendliness. As a freshman congressman in 2019, Gooden co-authored a bill to declare that managed stablecoins should be regulated by the Securities and Exchange Commission, but more recently, he co-sponsored legislation that opposed a U.S. central bank digital currency (CBDC) — aligning with the industry in general opposition of government digital dollars.Sign in to access your portfolio
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Donald Trump is front and center for Army's big DC birthday parade Trump is poised to be president during the 250th anniversary of the nation's founding, the FIFA World Cup in 2026 and the LA Summer Olympics in 2028. Show Caption Hide Caption Military equipment headed to DC ahead of Trump's birthday parade Battle tanks, fighting vehicles and infantry carriers departed Texas for D.C. for President Trump's military parade. The June 14 parade reflects the president's vision of his role and of the nation's power. Some predict an inspiring moment of patriotism; others see an alarming echo of authoritarianism. WASHINGTON − Donald Trump loves a parade. Also palace-in-the-sky planes, gold decor in the Oval Office, the adulation of huge rallies, the company of kings (British, Saudi), and the general aura that surrounds power, wealth and royalty. The president's determination to stage a procession of America's troops and its military hardware, with 28 Abrams tanks thundering up Constitution Avenue in the nation's capital and 50 military helicopters thumping overhead, reflects his vision of his role and the nation he leads. Asserting sweeping and sometimes unprecedented powers for the presidency, he is commanding a go-it-alone United States, ready and willing to flex its muscle in the world. The last big national event, Trump's inauguration on Jan. 20, was a demonstration of tradition and shared powers: The incoming president stood on the Capitol steps, the chief justice gave the oath, members of Congress and former presidents witnessed the peaceful transition of authority. Five months later, the celebration on June 14 marking the 250th anniversary of the founding of the U.S. Army will put Trump alone front and center. Also: The parade just happens to be taking place on his 79th birthday. Trump is the happy beneficiary of the calendar. He is poised to be president not only during the 250th anniversary of the nation's founding but also the FIFA World Cup in 2026 (co-hosted with Canada and Mexico) and the Summer Olympics in Los Angeles in 2028. The confluence of events is no coincidence, he suggests. "I have everything," he boasted at a Memorial Day event at Arlington Cemetery. "Amazing the way things work out. God did that." The good fortune of Trump's 2020 defeat Whether or not it was a case of divine intervention, Trump's electoral defeat in 2020 has, with the benefit of hindsight, turned out to be serendipitous for him. The four-year interregnum not only put him in a position to preside during historic and high-profile celebrations, but it also gave him a Democratic predecessor as a whipping boy when things go wrong. It also provided the opportunity for him to solidify control of the Republican Party and for supporters to create ambitious blueprints like Project 2025 to tap when he landed a second term. It even opened the door for the parade he had set his heart on when he watched French tanks roll down the Champs-Élysées in Paris on Bastille Day in 2017. "One of the greatest parades I've ever seen," he marveled, telling French President Emmanuel Macron he wanted to "top" it. During Trump's first term, though, the Pentagon resisted. Defense Secretary Jim Mattis, a retired Marine Corps four-star general, objected to the idea as a politicization of the military. In 2020, when Trump pushed again despite concerns about the coronavirus pandemic, Mattis' successor, Mark Esper, arranged instead for an array of warplanes to fly down the East Coast in an "air parade." Now, Pete Hegseth, a Trump loyalist and former Fox News host, is leading the Defense Department. The Army's plans for a low-key birthday celebration of festivals, fun runs and a commemorative stamp have now been dramatically expanded to include what the White House might call a big, beautiful parade. The sight of more than 100 combat vehicles on the ground and dozens of vintage and modern warplanes in the air should be staggering. The troops plus 34 horses, two mules, a dog named Doc Holliday and some of the vehicles will start at the Pentagon in Virginia, cross Arlington Memorial Bridge, then head to the parade route along the National Mall, joined there by the tanks. Trump will be watching from a reviewing stand just south of the White House that is now being constructed for the occasion. Paratroopers from the Army's Golden Knights are set to parachute in, land on the Eclipse and present Trump with an American flag. The president will then preside over the enlistment and reenlistment of 250 soldiers. There will be fireworks. Is it inspiring or alarming? The United States has staged military parades before, of course. At the end of the Civil War, the bloodiest conflict in American history, the Grand Review of the Armies lasted two days and featured 145,000 soldiers from the victorious Union forces marching through Washington and sometimes breaking into song. President Andrew Johnson, who had been sworn in after Abraham Lincoln's assassination a month earlier, presided. During the Cold War, President Dwight D. Eisenhower, a retired five-star general and hero of World War II, had troops, tanks and warplanes in his inaugural parade. His successor, John F. Kennedy, included troops in his inaugural parade in 1961. The last major military parade in the capital was in 1991 to mark the end of the first Gulf War, when George H.W. Bush was president. But there is not much precedent in the United States for such a massive military parade in peacetime. Like many things involving Trump, reactions clash between those who predict a stirring moment of patriotism and those who see it as an alarming echo of authoritarianism. The ritualized display of armaments and troops is more routine in places like Russia, China and North Korea, where strongmen show their force to their own citizens and the world. In the USA, liberal and pro-democracy groups have declared a "No Kings" day of protests on June 14, with anti-Trump demonstrations planned in more than 1,500 communities across the country. Trump has never been shy about demanding attention and claiming credit for his presidential record, putting himself in the top rank of the 45 men who have held the job. In his State of the Union address in March, he said that "many" believed he had just recorded the most successful first month of any presidency − with George Washington in second place. Last month, on the facade of the Agriculture Department that faces the Mall, a huge banner of Trump's face was draped between the columns alongside one of Lincoln. By the way, that's the building where thousands of the troops who will be marching in the parade will bivouac, sleeping on cots and bringing their own sleeping bags. Agriculture employees have been directed to work from home for the first three weeks of the month to clear the way for them. $45 million? 'Peanuts,' Trump says The parade's price tag? The Army has estimated the cost at $30 million to $45 million, in addition to the promise to help the D.C. government deal with the aftermath. Huge steel plates are being embedded at some intersections to protect the asphalt, but at 140,000 pounds each, the Abrams battle tanks are expected to, well, leave an impression. That could add as much as an estimated $16 million. "Peanuts," Trump said of the cost on NBC's "Meet the Press" last month, "compared to the value of doing it."
