Matt Gaetz nominated as U.S. Attorney General by Donald Trump.
Gaetz supports cryptocurrency, proposing a bill to pay taxes in Bitcoin.
President-elect Donald Trump has nominated Florida Congressman Matt Gaetz as the next U.S. Attorney General. Known for his strong stance on justice reform and cryptocurrency advocacy, Gaetz has gained attention for his criticisms of the Department of Justice (DOJ) under the Biden administration. If confirmed, he is expected to focus on restructuring the DOJ, emphasizing transparency and restoring credibility.
It will be an honor to serve as President Trump’s Attorney General! pic.twitter.com/dg0iQ0bA6Y
— Matt Gaetz (@mattgaetz) November 13, 2024
Gaetz has long argued that the DOJ has been politicized and requires major reforms. Consequently, Trump’s selection of Gaetz reflects his commitment to reshaping the department and addressing what he refers to as a “weaponized government.” Moreover, Trump praised Gaetz as a tenacious advocate for justice reform and a staunch defender of the Constitution.
Gaetz’s AG Bid Boosts Trump’s Pro-Crypto Agenda
Gaetz, in addition to focusing on justice reform, is a strong advocate for cryptocurrency. He introduced a bill in June allowing federal income taxes to be paid with Bitcoin, aiming to make the U.S. Treasury more accommodating to digital currencies. Gaetz argues that such measures will foster innovation and offer more financial options for Americans. This proposal directly supports Trump’s broader push to back the cryptocurrency industry and ease regulatory restrictions on crypto companies.
Trump’s selection of Gaetz is part of a wider trend within his circle to support pro-crypto figures. The nomination signals Trump’s intent to prioritize crypto-friendly policies during his second term. However, the Senate is likely to scrutinize Gaetz’s confirmation process due to his controversial past and ongoing ethics investigations.
