Trump nominates Bitcoin supporter RFK Jr. to serve as US Secretary of Health
According to The Block, US President-elect Donald Trump has nominated Bitcoin-supporting former Democrat Robert F. Kennedy Jr. (RFK Jr.) as the Secretary of Health and Human Services (HHS). During his 2024 presidential campaign, RFK Jr. advocated for establishing a strategic Bitcoin reserve to stabilize the dollar and exempt capital gains tax on Bitcoin profits; he also invested part of his personal wealth in Bitcoin. In a statement, Trump said that Kennedy would "make America healthy again" by working to eliminate corruption in industrial food and pharmaceuticals.
Kennedy's nomination is part of Trump's pro-crypto team which includes Vice President-elect JD Vance and Defense Secretary nominee Pete Hegseth. Notably, Tesla CEO Elon Musk and entrepreneur Vivek Ramaswamy will jointly lead the newly established government efficiency department "DOGE". Additionally, market rumors suggest that Robinhood Chief Legal Officer Dan Gallagher may succeed Gary Gensler as chairman of the U.S Securities Exchange Commission who currently holds a tough stance towards the crypto industry.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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