WaPo: Trump To Name Crypto Bros To Financial Posts

The Washington Post reports:

President-elect Donald Trump is preparing the U.S. government to adopt a more permissive stance toward cryptocurrency, eyeing a roster of industry-friendly candidates for key posts while his top advisers consult crypto executives on potential changes to federal policy.

By pursuing a more lenient regulatory environment, Trump aims to fulfill his campaign promise to transform the United States into the “crypto capital of the planet” — a declaration that once rankled consumer watchdogs even as it earned the industry’s robust support and generous political donations.

The early discussions have centered on a set of financial regulatory agencies, including the Securities and Exchange Commission.

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Trump eyes pro-crypto candidates for key federal financial agencies https://t.co/0wjSaG7x19

— Post Business (@washpostbiz) November 11, 2024