FOX Business reporter Eleanor Terrett posted on X that one of Trump's candidates for US Treasury Secretary, billionaire hedge fund investor Scott Bessent, is very supportive of cryptocurrencies, especially Bitcoin.
Some of his recent statements are as follows: "I'm excited about the president's acceptance of cryptocurrencies. I think it fits the Republican Party very well. Cryptocurrencies represent freedom, and the cryptocurrency economy will continue to exist.
I think everything about Bitcoin is being discussed. One of the most exciting things about Bitcoin is that it attracts young people and those who haven't participated in the market before. Cultivating a market culture in the United States that makes people believe in a system that suits them is the core of capitalism."
Yesterday, sources revealed that Trump intends to narrow the list of candidates for US Treasury Secretary this week and tends to let someone with a Wall Street background take the position. The list of candidates for Treasury Secretary includes Howard Lutnick, CEO of Jianda, hedge fund billionaire John Paulson, former George Soros fund manager Scott Bessent, and Virginia Governor and former Carlyle Group executive Glenn Youngkin.