Debate Over U.S. Treasury Secretary Heats Up with Pro-Crypto Contenders

Kyle Bass recently weighed in on the two main contenders for U.S. Treasury Secretary under President-elect Trump: Scott Bessent and Howard Lutnick.

Bass endorsed Bessent, praising his market knowledge and geopolitical insight, while dismissing Lutnick as an unsuitable choice. Meanwhile, Robert F. Kennedy Jr. voiced support for Lutnick, emphasizing his strong advocacy for Bitcoin as a hedge against inflation and national debt.

Both Bessent and Lutnick have pro-crypto views, signaling that the future of U.S. fiscal policy may increasingly align with the growing influence of digital assets. As the Trump administration makes its decision, the choice could shape the nation’s approach to blockchain innovation and economic policy.

Clever Robot News Desk 18th November 2024

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