Trump Appoints Feinberg, Kratsios, and Crypto Council Leaders, Eyes Executive Orders by January 20, 2025

Dec 23, 2024, 04:09 PM

President-elect Donald Trump has announced key appointments for his administration, focusing on defense and cryptocurrency policy. Stephen Feinberg will serve as Deputy Secretary of Defense, while Michael Kratsios has been nominated to lead the White House Office of Science and Technology Policy. In the realm of cryptocurrency, Trump has appointed Bo Hines to head the newly established Presidential Crypto Council, with David Sacks as the council's chair. These moves signal Trump's intent to foster innovation in the crypto sector and establish the U.S. as a leader in digital assets. The cryptocurrency industry is pushing for Trump to issue executive orders within his first 100 days in office, with expectations that at least one could be signed on his first day, January 20, 2025. These orders would aim to create a national bitcoin reserve, improve access to banking services for crypto firms, and establish a crypto council.