👀 Donald Trump is considering billionaire and investor Scott Bessent as the leading candidate for the position of U.S. Secretary of the Treasury — he actively supports cryptocurrency, especially Bitcoin.
I think that with Bitcoin, "everything is at stake." One of the most exciting things about it is that it attracts young people and those who have not participated in the markets before. The development of a market culture in the U.S., where people believe in a system that works for them, is the foundation of capitalism, — Bessent quoted FOX correspondent Eleanor Terrett.
The favorite for the position of head of the SEC is Daniel Gallagher — chief lawyer of Robinhood and former SEC employee from 2011-2015. Other candidates include current regulator employees Hester "crypto mom" Peirce and Mark Uyeda.