Trump's possible cabinet members: who are crypto-friendly?

Written by: 0xjs@Golden Finance

When Trump swept Harris and was successfully elected as the latest US President, in the post-election era, people's attention has turned to Trump's cabinet list.

Trump's "America First" policy must be implemented on the ground, and it must be implemented by talents in trade, economy, diplomacy, border management and other aspects that meet Trump's expectations.

This article takes stock of the expected list of members of Trump's cabinet, such as Dan Gallagher, who is expected to serve as Chairman of the US SEC, Scott Bessent, who is the US Secretary of the Treasury, Senator Marco Rubio, who is expected to serve as Secretary of State, and Congressman Mike Waltz, who is expected to serve as National Security Advisor.

The following are some of the candidates Trump is selecting or preparing to select, first write about encryption-related candidates, and then write about general official candidates.

Dan Gallagher, Chairman of the U.S. SEC, is expected to

Dan Gallagher

Trump has promised that he will fire the current SEC Chairman Gray Gensler on the first day of his presidency and appoint a new chairman. At the same time, he will immediately appoint a Bitcoin and Cryptocurrency Presidential Advisory Committee to design transparent regulatory guidance for the entire industry, which will be completed within 100 days.

Currently, Dan Gallagher, Chief Legal Officer of Robinhood and former SEC Commissioner, is a popular candidate for the Chairman of the U.S. SEC. Gallagher began his career as a summer intern at the U.S. Securities and Exchange Commission (SEC), rose to commissioner in 2011, then entered the private sector and joined Robinhood in 2020. Since then, he has frequently appeared at industry events, sharing his views with people like Bain Capital Crypto's Tuongvy Le and Coinbase Chief Legal Officer Paul Grewal.

Gallagher has long been critical of the current SEC's enforcement of crypto companies. He said at a hearing in September that federal "regulatory uncertainty" is stifling crypto innovation in the United States and advocated for specialized regulation of digital assets. Gallagher has said he will work to reduce ongoing lawsuits against cryptocurrency companies and "make a pretty long list of things that need to be dropped."

Treasury Secretary Scott Bessent, expected

Scott Bessent

The most likely candidate for the U.S. Treasury Secretary is Scott Bessent. According to the Financial Times, Bessent is a hedge fund manager who served as an economic adviser to the former president and is widely regarded as the leading candidate for the position in Trump's new administration. Bessent is the founder of Key Square Capital Management and became one of Trump's chief economic advisers in 2023. Trump recently described him as a "top Wall Street analyst."

Scott Bessent is very supportive of cryptocurrencies, especially Bitcoin. Here are some of his recent comments:

I am excited about the president's embrace of cryptocurrency, I think it fits in very well with the Republican Party, Crypto represents freedom, and the cryptocurrency economy is here to stay.

I think Bitcoin is universal, and 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 and getting people to believe in a system that works for them is the core of capitalism.

According to two people close to the US president-elect, Bessant has met with Trump.

When asked if he would join the Trump administration, he previously told CNBC: "I would do anything President Trump asks me to do."

If nominated and confirmed by the Senate, Bessant would take on one of the most powerful positions in the Trump administration.

Secretary of State Marco Rubio, expected

Marco Rubio

According to Reuters on November 11, sources said Trump is expected to appoint U.S. Senator Marco Rubio as Secretary of State. Rubio was once Trump's rival and later became one of his biggest supporters in the Senate. Rubio defended Trump's position of quickly ending Russia's war in Ukraine and called for negotiations to prompt Kiev to give up occupied territory.

National Security Advisor Mike Waltz has been invited

Mike Waltz

The Associated Press reported on November 12 that people familiar with the matter said on Monday that Trump has invited U.S. Congressman, retired Army National Guard officer and veteran Michael Waltz to serve as his national security adviser. Waltz is a Republican congressman from east-central Florida who has been re-elected for three terms. He is the first "Green Beret" member elected to the U.S. House of Representatives and easily won re-election last week. He has served as chairman of the House Armed Services Readiness Subcommittee, a member of the House Foreign Affairs Committee and the Permanent Select Committee on Intelligence. As chairman of the House Armed Services Committee’s readiness panel, he has criticized the Pentagon for everything from teaching critical race theory at military institutions to providing the Air Force with a bag of overpriced metal bushings. Waltz has written that he believes China poses a greater threat to the United States than any other country.

UN Ambassador Elise Stefanik, Confirmed

Elise Stefanik

Trump described Stefanik as “an extremely strong, tough and smart America First fighter.” Stefanik was one of the House Republicans who voted against certifying Joe Biden's 2020 victory over Trump and was the first House member to support his third run for president.

Border Commissioner Tom Homan, Confirmed

Tom Homan

Trump's appointee "responsible for deporting all illegal immigrants back to their country of origin" was the public face of the "zero tolerance" immigration policy during the Republican's first term. The event broke the practice of reuniting families during detention and deportation, resulting in thousands of undocumented immigrant children being separated from their families and sparked widespread opposition.

Susie Wiles, White House Chief of Staff, confirmed

Susie Wiles with Trump

The Republican politician brought stability, order and financial discipline to the 2016 and 2020 campaigns, which were more turbulent. She will be the first woman named chief of staff and will likely help shape Trump's strategy for his first 100 days in office.