- President-elect of the United States Donald Trump nominates Howard Lutnick, a billionaire who believes that Bitcoin should be traded like gold, as Secretary of Commerce
- Howard Lutnick, 63 years old, chairman and CEO of the financial services company Cantor Fitzgerald, will take the position of Secretary of Commerce. "He will lead our action program on tariffs and trade, directly managing the Office of the United States Trade Representative," Trump stated.
- Howard Lutnick, with a net worth estimated by Forbes at around 1.5 billion USD, is a supporter of digital currency and has stated that Bitcoin needs to be traded like gold at a campaign event for Trump in July in Nashville.
He also supports the cryptocurrency Tether, a stablecoin pegged to the USD. Lutnick has mentioned Tether several times in interviews with the media leading up to the election.
Thus, this is the latest move affirming that President Trump will keep his promise to the cryptocurrency market
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