Foresight News reported that, according to Fox Business journalist Eleanor Terrett, Trump's nominee for Treasury Secretary, billionaire hedge fund manager Scott Bessent, is very supportive of cryptocurrencies, especially Bitcoin. Some of his recent statements include, 'The president's support for cryptocurrencies excites me, and I think it aligns very well with the Republican Party. Cryptocurrencies represent freedom, and the crypto economy will persist.' 'I believe all the possibilities of Bitcoin are worth exploring. One of the most exciting aspects of 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., making people believe there is a system that serves them, is at the core of capitalism.'

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