President Trump has announced Bitcoin advocate and White House budget director Mick Mulvaney as his new chief of staff. Mulvaney has been interested in Bitcoin since 2014 and has once stated that cryptos can’t be “manipulated” by the government.
Bitcoin Supporter in White House
US President Donald Trump has named White House budget director Mick Mulvaney who is also a staunch Bitcoin supporter as his new acting chief of staff. Trump took to Twitter to announce,
“I am pleased to announce that Mick Mulvaney, Director of the Office of Management & Budget, will be named Acting White House Chief of Staff, replacing General John Kelly, who has served our Country with distinction.”
Trump further shared,
“Mick has done an outstanding job while in the Administration. I look forward to working with him in this new capacity as we continue to MAKE AMERICA GREAT AGAIN!”
Mulvaney will serve in an “acting” capacity as John Kelly, the current chief of staff will stay through 2018. In a Tweet, Mulvaney said,
“This is a tremendous honor. I look forward to working with the President and the entire team. It’s going to be a great 2019!”
According to the mainstream publication, a senior administration official said Trump picked Mulvaney because he and the president “get along.”
He has previously served in Congress along with having worked as an acting director of the Consumer Financial Protection Bureau. A Bitcoin advocate, he has previously shared in his speech that cryptos can’t be “manipulated” by the government.
Mulvaney co-founded the bipartisan Congressional Blockchain Caucus which is an alliance of lawmakers that promotes crypto use at the federal legislative level. He has also participated in govt. Committees relating to crypto regulations.
In the past, at the small business committee on Bitcoin, Mulvaney shared,
“Just wrapped up a Small Business Committee hearing on Bitcoin. I know it isn’t a mainstream issue yet — and may not become one — but it is extraordinarily interesting and something that could eventually influence the dollar and our monetary policy. In fact, one of the witnesses drew favorable comparisons between Bitcoin and Milton Friedman.”
Having a background in writing, I worked on a wide array of industry topics and have recently entered the world of Blockchain and Cryptocurrency.