With a strong military background, Hegseth was nominated to run the Pentagon
The Trump camp announced another major personnel appointment on the 13th, officially nominating Pete Hegseth, host of the (Fox News) weekend program "Fox & Friends Weekend", as Secretary of Defense. A veteran of service in Iraq, Afghanistan and Guantanamo Bay, Hegseth was awarded two Bronze Star Medals and the Combat Infantry Badge for his outstanding military service. He is also the author of "Battle for the American Mind," a book that not only earned a spot on the New York Times bestseller list but also went into depth criticizing what he calls "woke" military policies. Advocates a return to traditional military values.
Source: Trump The Trump camp officially nominated (Fox News) weekend program "Fox & Friends Weekend" host Pete Hegseth as Secretary of Defense
In his nomination statement, Trump highly praised Hegseth's military qualities and patriotism, calling him a "fighter for our country and our military." He also emphasized: "With Pete at the helm, America's enemies will be on guard - our The military will be great again, and the United States will never back down.” These remarks reflect Trump’s high level of trust in Hegseth’s military expertise and leadership, and also imply that there may be a major shift in U.S. military policy in the future.
A staunch supporter of cryptocurrency and publicly supports the development of Bitcoin
In addition to his extensive military experience, Hegseth’s stance on the fintech industry, specifically cryptocurrency, is also high-profile. As a staunch supporter of cryptocurrency, he has publicly expressed his optimism about the crypto industry many times in the past few years. As early as April 2021, when the cryptocurrency exchange Coinbase was listed, Hegseth made an important point in (Fox News):
"The era of cryptocurrency has arrived. Bitcoin is not an individual, a company, or a location. It is harder to stop than you think. At a time when countries around the world are printing money like crazy, the limited supply of Bitcoin is particularly precious."
These remarks not only demonstrated his deep understanding of the nature of cryptocurrency, but also hinted at some of his dissatisfaction with the traditional financial system. After Trump won the presidential election, the price of Bitcoin briefly exceeded the $80,000 mark, hitting a record high. In this regard, Hegseth said in an exclusive interview with (Fox Financial Channel):
"Look at Trump, make Bitcoin great again. Just sending a signal to the market that it won't be overly regulated can bring about this effect. Trump embraced cryptocurrencies, which is exactly what the market needs."
When asked about his personal investment strategy, Hegseth showed a pragmatic side and said frankly: "I did sell some at the high point, but still retained a considerable amount because I am confident about its future." This kind of caution and The optimistic attitude may also reflect the balanced stance he may take in policy formulation.
Source: IG Pete Hegseth went on the show to promote his book (Battle for the American Mind)
The nomination sparked widespread discussion and attracted much attention on the prospect
However, Hegseth's nomination also sparked intense controversy in political circles. Senator Elizabeth Warren, an important representative of the anti-cryptocurrency camp and who just won her fourth term, issued strong criticism on the social platform X: "A (Fox) weekend show host did not "She is not qualified to serve as Secretary of Defense." She specifically emphasized that she is the head of the Senate Military Personnel Group, and mentioned that her three brothers have served in the military, saying that she respects every soldier, but believes that Trump's This nomination would endanger national security and must be rejected. At the same time, she also expressed doubts about Trump’s newly established Department of Government Effectiveness (D.O.G.E.) plan.
Retired Major General Paul Eaton also expressed deep concern about the nomination, saying Hegseth was "completely unqualified" for the role. Supporters, however, disputed those doubts, pointing to Hegseth's more than 15 years of military experience as proof of his ability to fill the important role. The cryptocurrency community is generally optimistic about this nomination, believing that it may prompt the government to adopt a more open stance towards cryptocurrency and is expected to promote the widespread application of blockchain technology in federal policy.
It is worth noting that the appointment of the Secretary of Defense requires strict review and confirmation by the Senate before it can officially take effect. Whether this nomination can be successfully passed and whether Hegseth's stance on cryptocurrency will affect the Pentagon's attitude towards emerging technologies in the future will be the focus of close attention from all walks of life. Previously, Trump had announced the appointment of Tesla CEO Elon Musk and Strive co-founder Vivek Ramaswamy to lead the newly established government efficiency department. This series of personnel arrangements seemed to indicate that Trump The Prussian government's adoption of a more friendly policy stance toward the cryptocurrency industry may also open a new chapter for technological innovation in U.S. government departments.
“Is the Pentagon going to switch to cryptocurrencies? Trump nominates Bitcoin supporter, Hegseth may become Secretary of Defense” This article was first published on “Crypto City”
