Meet Trump's Pro-Crypto Cabinet: Who's Betting Big on Bitcoin?

President-elect Donald Trump’s incoming administration features a notable mix of GOP politicians, lawyers, and business leaders with strong ties to cryptocurrency.

While many appointments await Senate approval, several standout figures are known for their bullish stance on crypto and their history of holding digital assets. Here’s a closer look at these key players:

J.D. Vance, Vice President-elect

U.S. Vice President-elect J.D. Vance holds between $250,000 and $500,000 in Bitcoin according to federal disclosure forms. He has actively supported pro-crypto legislation, advocating for protections for cryptocurrency firms against traditional banking restrictions. Vance has also proposed a more friendly regulatory framework for digital assets, aiming to reform the oversight by the SEC and CFTC.

Robert F. Kennedy Jr., Secretary of Health and Human Services

Robert F. Kennedy Jr., a prominent pro-Bitcoin advocate, has openly shared his extensive holdings in Bitcoin, stating, "I'm a huge supporter of Bitcoin... I put most of my wealth into Bitcoin." He regards Bitcoin as a hedge against inflation and a remedy for the dollar's weakening status.

Michael Waltz, National Security Adviser

Michael Waltz, a Republican U.S. Representative, holds between $50,001 and $100,000 in Bitcoin. He has shown support for pro-crypto legislation and has voted in favor of bills aimed at promoting cryptocurrency adoption.

Tulsi Gabbard, National Intelligence Director

Former U.S. Representative Tulsi Gabbard has invested in cryptocurrencies like Litecoin and Ethereum. Though she no longer holds crypto, she has criticized government initiatives perceived as threats to financial privacy, particularly the push for Central Bank Digital Currencies (CBDCs).

Elon Musk, Co-leader of D.O.G.E

While not an official cabinet member, Elon Musk remains a close ally of Trump and a vocal supporter of cryptocurrency. He has stated that Tesla holds 11,509 Bitcoin, a significant asset valued at over $1 billion.

Vivek Ramaswamy, Co-leader of D.O.G.E

Vivek Ramaswamy, a private citizen, is known for his pro-crypto stance and has indicated he holds digital assets. He has accepted crypto donations for his campaign and advocates for clearer regulations to support innovation in the crypto space.

These influential figures are set to shape the future of cryptocurrency policy in the U.S., signaling a potentially transformative era for digital assets under Trump's administration.