Subsequent:

CN
5 months ago

Subsequent:

Trump ultimately chose Bessent over Lutnick to serve as the future U.S. Secretary of the Treasury.

His background includes early work with Soros, followed by running his own macro investment firm, Key Square Group. During this campaign, he helped Trump successfully raise $57 million.

Bessent is also a supporter of cryptocurrency, though not as fervently as Lutnick; he supports Trump's "American Bitcoin Strategic Reserve" plan.

PS: This plan would enable the U.S. government to hold 1 million bitcoins.

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