Coinbase CEO Brian Armstrong is reportedly set to hold a private meeting with President-elect Donald Trump to discuss key personnel appointments.
According to the Wall Street Journal, Trump’s transition team facilitated the meeting. It could potentially shape decisions on critical roles that impact the crypto industry, including the Treasury Secretary and the chair of the Securities and Exchange Commission (SEC).
Crypto’s Role in Cabinet Appointments
Trump has already demonstrated a clear interest in involving crypto-friendly people in his administration, including recent appointees such as Robert F. Kennedy as Secretary of Health and Human Services and Elon Musk and Vivek Ramaswamy to lead a proposed Department of Government Efficiency (D.O.G.E.).
Given his election promises to the crypto community, whose financial muscle helped fill Congress with allies, Trump’s pending picks for Treasury and the SEC are of great interest.
While it is still unclear if Armstrong will play a direct role in the new administration, there is speculation that he may have been roped in to help decide on the list of candidates for the coveted position, which now reportedly includes Tennessee Senator Bill Haggerty, economic policy advisor Kevin Warsh, investor Scott Bessent, and Apollo Global Management CEO Marc Rowan.
Howard Lutnick, CEO of global financial services
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Author: Wayne Jones