Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Advocate Howard Lutnick Gains
Elon Musk Support in Treasury Appointment
Race
Billionaire Elon Musk and political figure Robert F. Kennedy Jr. have thrown
their support behind Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin advocate Howard Lutnick in the heated debate over
who should become the next Treasury Secretary under President• Соединённые Штаты Америки (США) » Политика США » Политики США » Президент США
• Соединённые Штаты Америки (США) » Государственное устройство США » Президент США
• Политика » Политика США » Политики США » Президент США
• Государство » Государственное устройство США » Президент США-elect Donald
Trump• Объект человек » Персоналии по алфавиту » Персоналии на Тр » Трамп, Дональд.
Lutnick, CEO of Cantor Fitzgerald, is competing with Scott Bessent, founder of
Key Square Group, for the role. Both contenders are recognized for their
pro-crypto stances, making the decision pivotal for the U.S. financial
landscape.
Pro-crypto Candidates Compete for Treasury Role in Trump• Объект человек » Персоналии по алфавиту » Персоналии на Тр » Трамп, Дональд Administration
On November 16, Kennedy Jr., recently nominated as Secretary of Health and
Human Services , endorsed Lutnick for Treasury Secretary. He praised Lutnick’s
pro-crypto approach, emphasizing its potential to address pressing economic
challenges like inflation , the weakening dollar, and mounting national debt.
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin is the currency of freedom , a hedge against inflation for
middle class Americans,a remedy against the dollar’s downgrade from the
world’s reserve currency, and the offramp from a ruinous national debt.
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin will have no stronger advocate than Howard Lutnik, Kennedy
stated .
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Musk also voiced support for Lutnick. In his statement, Musk suggested that
Lutnick could drive meaningful change, contrasting him with Bessent, whom he
described as a “business• Экономика » Бизнес-as-usual” candidate. According to him, there is a
need for bold action to address America’s economic challenges, adding that a
shake-up was necessary to avoid further decline.
Bessent is a business• Экономика » Бизнес-as-usual choice, whereas Lutnick will actually
enact change. Business• Экономика » Бизнес-as-usual is driving America bankrupt, so we need change
one way or another, Musk chimed .
Lutnick’s leadership experience, particularly his role in rebuilding Cantor
Fitzgerald, has earned him respect in the financial world. His open support
for cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта and efforts to integrate them into traditional finance,
such as Cantor’s role as custodian for Tether• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Tether’s assets, demonstrate his
forward-thinking approach.
On the other hand, recent statements attributed to Bessent affirm his belief
in crypto’s potential. This aligns with Trump• Объект человек » Персоналии по алфавиту » Персоналии на Тр » Трамп, Дональд’s vision of making the US the
global leader in blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн innovation. One statement reportedly attributed to
him reads:
I think everything is on the table with Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin. One of the most
exciting things about Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin is that it brings in young people and those who
have not participated in markets before. Cultivating a market culture in the
US, where people believe in a system that works for them, is the centerpiece
of capitalism.
Meanwhile, the debate has extended to decentralized prediction markets , where
users are divided. On Polymarket , both candidates have a 47% chance of being
picked. Lutnick and Bessent US Treasury Role Chances. Source: Polymarket
Observers noted that this appointment would likely set the tone for Trump• Объект человек » Персоналии по алфавиту » Персоналии на Тр » Трамп, Дональд’s
administration, which has already demonstrated a strong pro-crypto stance by
appointing several blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн advocates to key positions. However, whether
Lutnick or Bessent takes the role, the decision will have far-reaching
implications for the country’s economic direction.
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