CandleFocus Bitcoin-Friendly Move From Elon Musk: Cryptocurrency-Friendly Figure May Become Treasury Secretary
2024-11-17
Author: Content Editor
Billionaire Elon Musk has publicly endorsed Howard Lutnick, the CEO of Cantor Fitzgerald, for the position of Treasury Secretary in President-elect Donald Trump's cabinet. Musk described Lutnick as a "real change" candidate and criticized Scott Bessent, a hedge fund manager, as a "business as usual choice." Musk called for more public participation in the election process and suggested that Lutnick's unconventional views, including his support for cryptocurrencies like Bitcoin, could bring about meaningful reform. Lutnick also received support from Robert F. Kennedy Jr., Trump's pick for Secretary of Health and Human Services, who praised Lutnick's pro-Bitcoin stance. The Treasury Secretary position remains unfilled, making it a subject of political and public attention.
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