• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Musk Advocates Change: Supporting Lutnick for Treasury Secretary

user avatar

by Giorgi Kostiuk

a year ago


Elon Musk voiced his support for Howard Lutnick as the next U.S. Treasury Secretary in Donald Trump's upcoming administration, emphasizing Lutnick's potential for transformative change.

Musk's Endorsement

Musk highlighted that Howard Lutnick, CEO of Cantor Fitzgerald and a prominent advocate for Tether, represents a significant departure from conventional choices, promoting impactful changes in U.S. economic policy.

Call for Public Opinion

Musk encouraged public and policymaker feedback on the Treasury Secretary selection. He suggested that broad feedback could guide Trump in making a decision aligned with public demand for effective economic leadership.

Community Responses

Rumble CEO Chris Pavlovski supported Musk's stance, noting Lutnick's role in Rumble's success and his commitment to free speech.

Despite Musk's endorsement, bets favor Scott Bessent's candidacy. The financial community and public are closely monitoring the choice, understanding its potential long-term impact on U.S. economic strategy.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

SWIFT Tests XRP Integration for Enhanced Payment Systems

chest

SWIFT is testing the integration of the XRP Ledger to enhance cross-border payment efficiency.

user avatarDiego Alvarez

Tether Freezes $544 Million in Assets Linked to Illegal Betting Operation

chest

Tether has frozen approximately $544 million in assets linked to an illegal online betting operation at the request of Turkish prosecutors.

user avatarKenji Takahashi

Tether Mints $1 Billion USDT Amid Bitcoin Selloff

chest

Tether minted an additional $1 billion USDT amid a sharp decline in Bitcoin prices, providing liquidity during a volatile market.

user avatarKenji Takahashi

XRP Price Shows Signs of Recovery After Significant Dip

chest

XRP price has rebounded after hitting a low of 116, with increased whale activity and unique addresses on the XRP Ledger.

user avatarMaria Fernandez

Arthur Hayes Attributes Bitcoin Selloff to IBIT Hedging

chest

Arthur Hayes attributes the recent Bitcoin selloff to hedging related to BlackRock's iShares Bitcoin Trust (IBIT), indicating that dealer hedging can lead to significant mechanical selling when market conditions shift.

user avatarGustavo Mendoza

The PASS: New Utility NFTs to Empower Web3 Creators

chest

The PASS has been introduced as a framework for Web3 creator economies, offering Utility NFTs that enable community creation and governance.

user avatarRajesh Kumar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.