The US Senate has confirmed Howard Lutnick, former Cantor Fitzgerald CEO and known crypto advocate, as Commerce Secretary under President Trump.
This appointment sees Lutnick, an influential figure with a strong background in finance and Wall Street clout, taking charge of the US Department of Commerce. Considering his pro-crypto stance, this could spell interesting developments for digital assets regulation.
Brace yourselves for policies that might shake the traditional corridors of economic power. As usual, Washington never fails to mix intrigue with governance!