Miami Mayor Francis Suarez praised the city's governing commission for passing a resolution Thursday that will study the feasibility of paying employees in bitcoin, as well as allowing residents to pay fees and taxes in bitcoin.
Feb. 12 WASHINGTON Representing a metropolis hit hard by the pandemic, Miami Mayor Francis Suarez told President Joe Biden during an invite-only White House summit on Friday that his city is ready to dramatically increase the number of vaccinations administered if the federal government can provide the shots. Suarez, among a bipartisan group of mayors and governors who met with Biden in the .
Miami mayor will meet with Biden and other mayors to discuss COVID stimulus Joey Flechas, The Miami Herald
Feb. 12 Miami Mayor Francis Suarez will go to the White House on Friday along with other U.S. mayors to discuss a proposed $1.9 trillion COVID relief plan with President Joe Biden.
Suarez, a Republican holding a nonpartisan office, will attend the Oval Office meeting, the White House confirmed Thursday. The group, which Suarez said also includes governors, is expected to discuss the American Rescue Plan, Biden s pandemic relief package. The proposal includes $350 billion for local governments to distribute vaccines, fund rental assistance programs and pay public sector workers.
President Joe Biden met with a bipartisan group of governors and mayors at the White House on Friday as part of his push to give financial relief from the coronavirus pandemic.
The resolution also “allows our residents to pay for fees in Bitcoin, and also would allow the city manager to cooperate with Miami-Dade county to allow for taxes to be paid in Bitcoin,” said Suarez.
The city official said that the resolution also “requests of the state legislature that the City of Miami supports efforts to make Bitcoin an acceptable currency for us to potentially invest in the future.”
Why It Matters: The commission approved the mayor’s resolution 4-1 but agreed only to study the cryptocurrency-related proposals instead of acting on them as the resolution had originally proposed, Bloomberg reported.