Coinbase CEO Brian Armstrong is set to hold a private meeting with President-elect Donald Trump to discuss key personnel appointments. The meeting is expected to focus on critical roles affecting the crypto industry, including the Treasury Secretary and SEC Chair.
Crypto’s Role in Cabinet Appointments
Donald Trump has shown interest in involving crypto-friendly individuals in his administration, with recent appointees like Robert F. Kennedy and Elon Musk. His picks for Treasury and SEC are of particular interest to the crypto community.
Coinbase’s Political Activism
Brian Armstrong has been vocal about appointing pro-crypto individuals and has supported candidates aligned with the crypto industry. Coinbase has contributed over $100 million to political action committees, including significant funds to Fairshake.
Possible Candidates and Discussions
Possible candidates for key positions include names like Senator Bill Haggerty, economic adviser Kevin Warsh, and others. Speculation suggests Armstrong might help in selecting the candidates.
While it remains unclear what role Armstrong will play in the new administration, his involvement in the discussions strengthens the crypto industry's ties to the political course.