Original title: (Review of Possible Cabinet Members for Trump: Who Are the Crypto-Friendly Individuals?)

Original author: 0xjs, Jinse Finance

As Trump swept Harris to successfully become the latest U.S. president, attention has turned to Trump's cabinet list in the post-election era.

For Trump's 'America First' policy to take effect, there must be talents in trade, economy, diplomacy, border management, and other areas that meet Trump's expectations.

This article reviews the expected list of members of Trump's cabinet, including Dan Gallagher who is likely to serve as Chairman of the U.S. SEC, Scott Bessent as Secretary of the Treasury, Senator Marco Rubio as Secretary of State, and Congressman Mike Waltz as National Security Advisor.

Here are some individuals Trump is selecting or preparing to select, starting with those related to cryptocurrency, followed by general officials.

U.S. Secretary of Defense Pete Hegseth, nominated

Trump (Donald Trump) announced on Tuesday (November 12) the nomination of Fox News host and combat veteran Pete Hegseth as U.S. Secretary of Defense.

President Trump stated in the announcement: 'Pete is tough, smart, and a true believer in America First. Under Pete's leadership, our enemies better watch out -- our military will be great again, and America will never back down... Pete will be a brave and patriotic advocate for our 'peace through strength' policy.'

The statement mentions that Hegseth graduated from Princeton University and obtained a graduate degree from Harvard University. He is a combat veteran who has served in operations in Guantanamo Bay, Iraq, and Afghanistan, earning two Bronze Stars and a Combat Infantry Badge for his actions in the battlefield. The statement notes that Hegseth 'hosted Fox News for eight years, using that platform to advocate for our troops and veterans.' Trump's statement also said that his bestselling book (The War on Warriors) reveals what the statement calls 'the left's betrayal of our warriors.' Hegseth also led two veterans advocacy organizations.

Hegseth advocates for the decentralized value of Bitcoin and has pledged not to sell Bitcoin.

D.O.G.E. lead Elon Musk has confirmed

In August 2024, Musk tweeted that he would manage a U.S. government office called the Department of Government Efficiency (DOGE) during Trump's second term, aimed at streamlining government spending, simplifying administrative processes, and improving the efficiency of taxpayer funding. Subsequently, Musk has repeatedly stated at Trump campaign rallies that he would cut $2 trillion from U.S. government spending.

As the biggest contributor to Trump's successful 2024 presidential campaign, recent reports indicate that Musk has been deeply involved in Trump's decision-making, such as seamlessly connecting with Ukraine's president during a call to Trump, and Musk entered the Trump family group photo even earlier than Ivanka.

On November 13, Musk posted an image with a Shiba Inu and the words DOGE (Department of Government Efficiency). He stated: All actions of the Department of Government Efficiency will be published online to achieve maximum transparency. If the public thinks we have cut some important things or have not cut some wasteful expenditures, let us know! We will also list the most ridiculous taxpayer spending rankings. It's both a tragedy and entertainment.

U.S. SEC Chairman Dan Gallagher, expected

Dan Gallagher

Trump has promised to fire the current SEC Chairman Gary Gensler on his first day in office and appoint a new chairman, while immediately establishing a Bitcoin and cryptocurrency presidential advisory committee to design transparent regulatory guidance for the entire industry, to be completed within 100 days.

Currently, Robinhood's Chief Legal Officer and former SEC Commissioner Dan Gallagher is a leading candidate for U.S. SEC Chairman. Gallagher's career began as a summer intern at the SEC, was promoted to commissioner in 2011, and then moved to the private sector, joining Robinhood in 2020. Since then, he has frequently appeared at industry events, sharing his views with individuals such as Tuongvy Le from Bain Capital's cryptocurrency division and Coinbase's Chief Legal Officer Paul Grewal.

Gallagher has consistently criticized the current SEC's enforcement actions against crypto companies. He stated during a September hearing that federal 'regulatory uncertainty' is stifling U.S. crypto innovation and advocated for specialized regulation of digital assets. Gallagher has stated that he will work to reduce ongoing lawsuits against cryptocurrency companies and 'compile a long list of things that need to be removed.'

Treasury Secretary Scott Bessent, expected

Scott Bessent

The most likely candidate for the position of U.S. Secretary of the Treasury is Scott Bessent. According to the UK Financial Times, Bessent is a hedge fund manager who previously served as an economic advisor to a former president and is widely considered the leading candidate for the position in Trump's new administration. Bessent is the founder of Key Square Capital Management and became one of Trump's chief economic advisors in 2023, with Trump recently describing him as 'Wall Street's top analyst.'

Scott Bessent is a strong supporter of cryptocurrencies, especially Bitcoin. Some of his recent remarks are as follows:

'I am excited about the president's acceptance of cryptocurrencies; I think it aligns very well with the Republican Party. Cryptocurrencies represent freedom, and the cryptocurrency economy will continue to exist. I think Bitcoin is universal, and one of the most exciting things about Bitcoin is that it attracts young people and those who have never participated in the market before. Cultivating a market culture in the U.S. and making people believe in a system that works for them is the essence of capitalism.'

According to two individuals close to the U.S. president-elect, Bessent has met with Trump.

When asked if he would join the Trump administration, he previously told CNBC, 'I will do anything at the request of President Trump.'

If confirmed by the Senate, Bessent will hold one of the most powerful positions in the Trump administration.

CIA Director John Ratcliffe, nominated

John Ratcliffe was a Republican federal congressman from Texas and served as the Director of National Intelligence during the last year and a half of Trump's first term, leading the U.S. government's intelligence agencies during the COVID-19 pandemic.

Trump stated in a press release: 'I look forward to John being the first person ever to hold both of our country's top intelligence positions. He will be a fearless warrior fighting for the constitutional rights of all Americans while ensuring the highest levels of national security and achieving peace through strength.'

Ambassador to Israel nominee Mike Huckabee, nominated

Trump announced the nomination of former Arkansas Governor Mike Huckabee as Ambassador to Israel.

Trump stated in the announcement: 'Mike has been an amazing public servant, governor, and faith leader for many years,' Trump said in the statement. 'He loves Israel and the Israeli people, just as the Israeli people love him. Mike will work tirelessly to achieve peace in the Middle East!'

Secretary of State Marco Rubio, expected

Marco Rubio

According to a Reuters report on November 11, sources say Trump is expected to appoint U.S. Senator Marco Rubio as Secretary of State. Rubio was once a competitor of Trump but later became one of his strongest supporters in the Senate. Rubio defended Trump's rapid end to Russia's position in the Ukraine war, calling for negotiations to encourage Kyiv to cede occupied territory.

National Security Advisor Mike Waltz has been invited

Michael Waltz

According to an AP report on November 12, sources said on Monday that Trump has invited U.S. Congressman and retired Army National Guard officer Michael Waltz to serve as his National Security Advisor. Waltz is a Republican representative from central Florida who has served three terms and is the first 'Green Beret' member elected to the U.S. House of Representatives, easily winning re-election last week. He has served as the chairman of the House Military Readiness Subcommittee and is a member of the House Foreign Affairs Committee and the Permanent Select Committee on Intelligence. As the chairman of the House Military Committee's Readiness Subcommittee, he has criticized everything about the Pentagon, from teaching critical race theory in military institutions to providing the Air Force with overpriced metal liners. Waltz has written that he believes the threat from China to the U.S. is greater than from any other country.

U.N. Ambassador Elise Stefanik has confirmed

Elise Stefanik

Trump described Stefanik as 'an extremely powerful, resilient, and smart America First fighter.' Stefanik was one of the House Republicans who voted against certifying Joe Biden's victory over Trump in 2020 and is the first House member to support his third presidential campaign.

Border Commissioner Tom Homan has confirmed

Tom Homan

On the evening of the 10th, Trump announced that Tom Homan, who served as the acting director of the Immigration and Customs Enforcement Agency during the last administration, would oversee national border affairs. Trump wrote on Truth Social: 'I am pleased to announce that former U.S. Immigration and Customs Enforcement Director and border control expert Tom Homan will join the Trump administration to manage our nation's borders (the 'Border Tsar'), including but not limited to the southern border, northern border, all maritime and aviation security.' 'No one is better than him at regulating and controlling our borders,' Homan 'will be responsible for returning all illegal immigrants to their home countries.'

Homan was a police officer and former director of ICE; he described the immigration issues at the U.S. border as 'the biggest national security gap America has faced since 9/11, and we must address it.' In the summer of 2024, when he spoke to illegal immigrants at the Republican National Convention, he said, 'You'd better start packing your bags now.'

White House Chief of Staff Susie Wiles has confirmed

Susie Wiles with Trump

She led Trump's 2024 campaign. She will become the first woman appointed as Chief of Staff and may help formulate Trump's strategy for the first 100 days in office.

Middle East Special Envoy Steven Witkoff, nominated

Trump nominated longtime friend and real estate investor Steven Witkoff as Special Envoy for Middle East Affairs.

White House legal advisor Bill McGinley, nominated

Trump announced that Bill McGinley, who served as Cabinet Secretary during his first administration, will become the White House legal advisor.

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