Key dealers
- Six members of Trump’s cabinet reported significant bitcoin holdings in their financial information.
- Trump strives to position the United States as a leading power in the Cryptocurrency market.
Six members of President Donald Trump’s cabinet revealed Bitcoin Holding’s worthy millions of dollars in its financial information in January, as the administration is pushing to make the United States a crypto leader, according to a new Report from fortune.
Health and human services secretary Robert Kennedy Jr. reported The largest holding, with a Bitcoin Fidelity Crypto account valued between $ 1 million and $ 5 million.
Treasury Secretary Scott Bessent revealed Holding in Blackrock’s Ishares Bitcoin Trust ETF worth $ 250.001 to $ 500,000, although his ethics agreement requires divestment within 90 days after confirmation.
Transport Secretary Sean Duffy reported several Bitcoin investments totaling between $ 550 003 and $ 1.1 million in various vehicles.
Director of National Intelligence Tulsi Gabbard and Defense Secretary Pete Hegseth each revealed a Bitcoin Holdings worth $ 15,001 to $ 50,000. Office of Management and Budget Director Russell Vought reported Bitcoin in a Coinbase wallet valued at $ 1 001.
Earlier this month, David, Trump’s AI and Crypto Czar, sacks, confirmed That he had sold all his crypto holdings including Bitcoin, Ether and Solana before his term during the Trump administration began.
Sack’s advisory role enables him to provide direct political recommendations to the president of artificial intelligence and crypto but does not give him authority over authorities or include him in the cabinet.
Trump’s pro-crypto agenda
The financial information comes when Trump doubles his promise to make the United States a Bitcoin superpower. At a recent summit in the White House digital assets, the president promised to take “historical measures” to cement US dominance in the crypto industry.
To support this initiative, Trump issued an executive order to set up a strategic Bitcoin reserve and US digital asset layers, in order to streamline the government’s management of crypto assets.
On the regulatory front, SEC has facilitated its attitude towards crypto enforcement, a strong deviation from previous administrations that cracked on crypto.
