Patrick Witt is the new Executive Director of the President's Council of Advisers on Digital Assets under President Donald Trump, succeeding Bo Hines who recently resigned. Witt was previously the deputy to Hines and has stepped into the role to oversee the federal crypto policy agenda, including ongoing efforts around U.S. crypto market regulation and the ambitious Bitcoin Strategic Reserve project started earlier this year by the administration.
Key details about Patrick Witt:
Witt has a background unlike many crypto insiders; he does not have significant prior experience in the cryptocurrency industry.
He has a political and policy-oriented resume, including three years at McKinsey & Co., roles in the Office of Personnel Management during Trump's first term, and a stint at the Department of Defense.
He is also Acting Director of the Pentagon’s Office of Strategic Capital, which invests in critical technologies.
Witt was a former Yale football player and briefly a free-agent quarterback for the New Orleans Saints, similar to his predecessor Bo Hines, who also played football at Yale.
He holds a law degree from Harvard Law School and has had some unsuccessful bids for political office in Georgia.
Witt has emphasized the role of digital assets and Bitcoin as tools of modern statecraft and economic growth, with a focus on making the U.S. a global crypto innovation hub.
He will be responsible for continuing to implement policies that promote the U.S. as the "crypto capital of the world," overseeing the implementation of new crypto regulations and advancing initiatives like the Bitcoin Strategic Reserve.
While Witt does not have a deep digital assets background, he brings policy, legal, and strategic capital expertise to this senior crypto advisory role in Trump's White House. His leadership marks a continuity of the Trump administration’s pro-crypto regulatory stance following Bo Hines' departure.