As Crypto Advocate Howard Lutnik is Confirmed as US Commerce Secretary, here ...
Cantor Fitzgerald CEO and billionaire, Howard Lutnik, was named the head of the US Department of Commerce yesterday, with a split vote of 52-45. Following the news, Lutnik immediately resigned from his position as CEO. Let’s see what this appointment means for the crypto market as a whole and for some of the hottest crypto […]
Related News
The first hundred days of President Donald Trump’s return to the White House have produced a string of Bitcoin-centric policy moves, capped by Commerce Secretary Howard Lutnick’s forceful comparison of the asset to “gold” and his declaration that it now enjoys unequivocal federal backing. In a conversation with Bitcoin Magazine’s Frank Corva inside the Executive […]
Howard Lutnick, the US Secretary of Commerce and former CEO of Cantor Fitzgerald, announced plans to integrate blockchain technology into the dissemination of economic statistics. GDP Statistics On The Blockchain Speaking at a cabinet meeting with President Donald Trump on Tuesday, Lutnick articulated his vision of placing Gross Domestic Product (GDP) data on the blockchain, […]
Over the last few days, the newly elected US President Donald Trump has filled a number of positions in his new cabinet, although the most important position for the Bitcoin community—the Secretary of the Treasury—remains open. The role of Secretary of the Treasury could be decisive for the establishment of a national strategic Bitcoin reserve, […]
Bitcoin could see unprecedented capital inflows ranging from $150 billion to $500 billion as US President Donald Trump signed an executive order on Monday mandating the creation of a new sovereign wealth fund. The initiative—which did not explicitly reference BTC during its announcement—will be helmed jointly by US Secretary of Commerce Howard Lutnick and US […]
Biden’s administrative team is about to get shuffled as the Treasury Secretary, Janet Yellen leaves after midterm, the shuffle might mean a positive turn for Crypto since Yellen was an anti-crypto advocate. Yellen previously made several negative comments and advised against crypto adoptions. Although no one knows why Yellen is leaving, she received several criticisms […]