As Trump’s second term approaches, the battle for the position of US Treasury Secretary intensifies. The market is eagerly watching to see if a crypto-friendly candidate will take over, as this could bring a more relaxed growth environment for the industry. Several potential candidates have emerged, including former Federal Reserve Board Governor Kevin Warsh, former Soros deputy Scott Bessent, Cantor Fitzgerald CEO Howard Lutnick, and Tennessee Republican Senator Bill Hagerty.

However, some are skeptical about their commitment to the cryptocurrency industry. For now, the most likely candidate is Kevin Warsh, who has been a long-time supporter of cryptocurrencies and has a history of investing in BTC and ETH ETFs. The decision is expected to be announced soon, and the outcome could have a significant impact on the future of the crypto industry in the US.

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