Taking stock of Trump’s potential cabinet members: Are there any crypto-friendly people?

Original author: 0x js, Golden Finance

When Trump swept Harris and was successfully elected as the latest US president, in the post-election era, peoples attention has turned to Trumps cabinet list.

In order for Trumps America First policy to be implemented, it must be implemented by talents in trade, economy, diplomacy, border management, etc. that meet Trumps expectations.

This article lists the expected members of Trumps cabinet, such as Dan Gallagher, who is expected to serve as Chairman of the U.S. SEC, Scott Bessent, who is expected to serve as U.S. Treasury Secretary, Senator Marco Rubio, who is expected to serve as U.S. 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, with encryption-related candidates listed first, followed by general official candidates.

Pete Hegseth, U.S. Secretary of Defense, Nominated

Donald Trump announced on Tuesday (November 12) that he would nominate Pete Hegseth, a Fox News host and former combat soldier, to be U.S. Secretary of Defense.

Pete is tough, smart, and a true believer in America First, President Trump said in a statement. With Pete at the helm, Americas enemies should take note – our military will be great again, and America will never back down. … Pete will be a courageous and patriotic advocate for our policy of peace through strength.

The statement mentioned that Hegseth graduated from Princeton University and received a graduate degree from Harvard University. He is an Army soldier who has participated in combat operations and has performed missions in Guantanamo Bay, Iraq and Afghanistan. He was awarded two Bronze Star Medals and a Combat Infantryman Badge for his actions in the battlefield. The statement mentioned that Hegseth has been a host on Fox News for eight years, using this platform to fight for our troops and veterans. Trumps statement also said that his best-selling book The War on Warriors revealed what the statement called the lefts betrayal of our warriors. Hegseth also led two veterans advocacy organizations.

Hegseth adheres to the decentralized value of Bitcoin and promises not to sell Bitcoin.

DOGE head Musk has confirmed

In August 2024, Musk tweeted that he would be in charge of a U.S. government office called the Department of Government Efficiency (DOGE) during Trumps second term, which aims to streamline government spending, simplify administrative processes, and improve the efficiency of taxpayer funds. Since then, Musk has repeatedly stated at Trumps campaign rallies that he would cut $2 trillion in U.S. government spending.

As the biggest contributor to Trumps successful campaign for the US presidency in 2024, the latest reports show that Musk has been deeply involved in Trumps decision-making. For example, Musk seamlessly joined the Ukrainian presidents call to Trump, and Musk even entered the Trump family photo earlier than Ivanka.

On November 13, Musk posted a picture with a Shiba Inu image and the words DOGE (Department of Government Efficiency). He said: All actions of the Department of Government Efficiency will be published online to achieve maximum transparency. If the public thinks we have cut something important or have not cut something wasteful, please tell us! We will also list the stupidest tax expenditures. This is both tragic and entertaining.

Dan Gallagher, Chairman of the U.S. Securities and Échange Commission, is expected to

Dan Gallagher

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

Currently, Robinhood Chief Legal Officer and former SEC Commissioner Dan Gallagher is a popular candidate for the chairman of the US SEC. Gallagher began his career as a summer intern at the US Securities and Exchange Commission (SEC), was promoted 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 such as Tuongvy Le of Bain Capital Cryptocurrency and Paul Grewal, Chief Legal Officer of Coinbase.

Gallagher has long criticized the current SECs 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 specialized regulation of digital assets. Gallagher has said he will work to reduce ongoing lawsuits against cryptocurrency companies and make a pretty long list that needs to be withdrawn.

Finance Minister Scott Bessent is expected to

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 seen as a leading candidate for the position in Trumps new administration. Bessent is the founder of Key Square Capital Management and became one of Trumps chief economic advisers in 2023. Trump recently described him as a top Wall Street analyst.

Scott Bessant is a big supporter of cryptocurrencies, especially Bitcoin. Here are some of his recent comments:

“I’m excited about the president’s acceptance of cryptocurrency. I think it fits in very well with the Republican Party. Cryptocurrency represents freedom and the cryptocurrency economy is here to stay. I think Bitcoin is omnipotent. 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 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 that President Trump asks me to do.

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

John Ratcliffe, Director of the Central Intelligence Agency (CIA), nominated

Ratcliffe, a former Republican congressman from Texas, served as director of national intelligence during the last year and a half of Trumps first term as president and led the U.S. governments spy agencies during the coronavirus pandemic.

I look forward to John becoming the first person ever to serve in both of our Nations top intelligence posts, Trump said in a statement. He will be a fearless warrior for the constitutional rights of all Americans while ensuring the highest levels of national security and achieving peace through strength.

Mike Huckabee, Ambassador to Israel, Nominated

Trump announced that he would nominate former Arkansas Governor Mike Huckabee to be ambassador to Israel.

Mike has been a tremendous public servant, governor, and faith leader for many years, Trump said in the statement. He loves Israel and its people, and the Israeli people love him just as much. Mike will work tirelessly to achieve peace in the Middle East!

Secretary of State Marco Rubio, expected to

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 Trumps rival and later became one of his biggest supporters in the Senate. Rubio defended Trumps position of quickly ending Russias war in Ukraine and called for negotiations to get Kiev to give up occupied territory.

National Security Advisor Mike Waltz has 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. He has been re-elected for three terms and is the first Green Beret elected to the U.S. House of Representatives. He easily won re-election last week. He has served as chairman of the House Armed Services Subcommittee on Readiness, a member of the House Foreign Affairs Committee and the Permanent Select Committee on Intelligence. As chairman of the House Armed Services Committees Readiness Subcommittee, he criticized the Pentagon for everything from teaching critical race theory in military institutions to providing the Air Force with a bag of overpriced metal bushings. Waltz once wrote 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 Bidens 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 announced on the evening of the 10th that Tom Homan, who served as the acting director of the Immigration and Customs Enforcement during the previous administration, will be in charge of national border affairs. Trump posted on Truth Social: I am pleased to announce that Tom Homan, former director of the U.S. Immigration and Customs Enforcement and a veteran of border control, will join the Trump administration and be responsible for managing our countrys borders (Border Czar), including but not limited to the southern border, the northern border, all maritime and aviation security. No one is better at regulating and controlling our borders than him, Homan will be responsible for deporting all illegal immigrants back to their countries of origin.

Homan, a former police officer and former director of U.S. Immigration and Customs Enforcement (ICE), has described the immigration problem at the U.S. border as “the greatest national security vulnerability the United States has faced since 9/11, and we have to fix it.” In the summer of 2024, he addressed the country’s illegal immigrants at the Republican National Convention, saying, “You better start packing your bags now.”

White House Chief of Staff Susie Wiles, confirmed

Susie Wiles and Trump

She led Trumps 2024 campaign. She will be the first woman named chief of staff and will likely help shape Trumps strategy for his first 100 days in office.

Steven Witkoff, Special Envoy for the Middle East, Nominated

Trump nominated longtime friend and real estate investor Steven Witkoff as special envoy for the Middle East.

Bill McGinley, White House Counsel, Nominated

Trump announced that Bill McGinley, who served as a Cabinet secretary during his first administration, will serve as White House counsel.

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