Trump's team is considering setting up the first cryptocurrency position in the White House. According to Bloomberg, the Trump team is discussing with the digital asset industry whether to set up a White House position dedicated to cryptocurrency policy. According to people familiar with the matter, this will be the first White House position centered on cryptocurrency, and candidate screening is underway. It is uncertain whether the position will become a senior position or be called the "crypto czar", but industry advocates hope that the role will report directly to Trump. In addition, Trump promised during the campaign to fire the current Securities and Exchange Commission (SEC) Chairman Gary Gensler, relax crypto regulation, and establish a presidential crypto advisory committee. Currently, there is fierce competition for candidates for the committee. It is reported that former Coinbase and Binance.US executives Brian Brooks and Coinbase CEO Brian Armstrong met with Trump this week to discuss related matters. This position may serve as a bridge between Congress, the White House and federal agencies such as the SEC and CFTC. More personnel discussions took place at Trump's private club Mar-a-Lago.