The upcoming government of Donald Trump will feature many politicians, lawyers, and businesspeople from the Republican Party. Some prominent members in this proposed cabinet have directly or indirectly invested in cryptocurrency and have a positive view of the sector. Here are the notable figures:
1. J.D. Vance (Vice President-elect)
• Vance owns 250,000-500,000 USD $BTC , according to federal financial reports.
• He actively supports legislation to protect cryptocurrency companies and proposes regulatory reforms for this industry, aiming to promote innovation and reduce oversight from agencies like the SEC.
2. Robert F. Kennedy Jr. (Secretary of Health and Human Services)
• RFK Jr. publicly supports Bitcoin, having stated that he invested a significant portion of his assets into this currency.
• He considers Bitcoin a solution against inflation and a protection for middle-class citizens against national financial issues. RFK Jr. criticized the Biden administration's crackdown on cryptocurrency and promised to create a more open environment for the industry.
3. Michael Waltz (National Security Advisor)
• Waltz owns 50,001-100,000 USD in Bitcoin and supports many cryptocurrency-friendly laws, including preventing the use of central bank digital currency (#CBDC ).
4. Tulsi Gabbard (Director of National Intelligence)
• Although she no longer owns cryptocurrency, Gabbard previously invested in Litecoin and $ETH . She opposes CBDCs and believes the government is trying to control personal finances, going against the decentralized nature of cryptocurrency.
5. Elon Musk and Vivek Ramaswamy (Leaders of D.O.G.E)
• Elon Musk, head of the new ‘Department of Government Efficiency’ (D.O.G.E), is a strong supporter of $DOGE , calling it the “people's cryptocurrency.” Musk's Tesla also owns over 1 billion USD in Bitcoin.
• Ramaswamy, co-leader of D.O.G.E, has previously received campaign donations in cryptocurrency and calls for the establishment of a clear legal framework to support the industry's growth. His asset management company, Strive Asset Management, recently included Bitcoin in its investment portfolio for clients.
General comment: The Trump cabinet demonstrates strong support for cryptocurrency, from Bitcoin to other projects, and is committed to facilitating the growth of this sector in the context of increasingly stringent U.S. policies towards the digital asset industry.