President-elect Donald Trump’s transition team is looking to create the first White House role dedicated exclusively to crypto policy, Bloomberg News reported, citing people familiar with the discussions.

The report added that the Trump team is currently vetting candidates for the role, which could include responsibilities such as liaising with Congress, the White House, and federal regulatory agencies like the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). 

However, it’s unclear whether the position would materialize as a senior-level staff role or a broader “crypto czar” post overseeing government-wide crypto policy.

Closed-door meetings

In recent days, Trump’s Mar-a-Lago estate has become a hub for crypto lobbying efforts. Transition team officials have interviewed potential candidates, including former high-profile crypto executives.

Brian Brooks, a former Coinbase and Binance.US executive, recently met with the president-elect and has been floated as a possible SEC chair under the incoming administration.

Kraken CEO Jesse Powell has reportedly endorsed Brooks’ nomination as the new SEC Chair. Coinbase CEO Brian Armstrong also met with Trump this week. Both declined to comment on the details of the closed-door meetings.

Industry advocates are pushing for the prospective White House crypto role to report directly to Trump, ensuring a direct line of influence to the Oval Office. The position would likely involve a small supporting staff tasked with coordinating policy across multiple government agencies and addressing regulatory co

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Author: Gino Matos