Articles for tag: Cryptocurrency, Donald Trump, Government Appointments, Mitch McConnell, Presidential Transition, Tether, US politics

December 13, 2024

Tether’s Connection: Exploring the Influence of Cryptocurrency in the White House and its Implications for the Financial Future

The latest edition of the White House Watch newsletter covers key topics affecting the U.S. presidential transition and government appointments. Howard Lutnick, a strong supporter of the controversial cryptocurrency Tether, faces criticism due to its association with criminal activity, while also being nominated to lead the commerce department. Meanwhile, Mitch McConnell positions himself against isolationism ...

December 13, 2024

Market News

Crypto

Tether’s Influence: How a Close Friend in the White House Shapes Cryptocurrency Policy and Regulations

The White House Watch newsletter discusses key political developments, focusing on Howard Lutnick, Trump’s commerce department pick, who supports Tether, a cryptocurrency linked to illicit activities. Despite Tether’s controversial reputation, Lutnick defends its potential to change global finance. The article also highlights Mitch McConnell’s efforts against isolationism in the Republican Party, contrasting with Trump’s stance ...

December 6, 2024

Market News

Crypto

David Sacks Appointed White House AI and Cryptocurrency Czar by Trump: Key Insights on New Role and Impact

President-elect Donald Trump has appointed David Sacks, the former COO of PayPal, as the White House’s artificial intelligence and cryptocurrency czar. Sacks, a successful venture capitalist from San Francisco, is recognized for his support of Trump during the 2024 campaign. In this pivotal role, he will focus on shaping U.S. policies in AI and cryptocurrency, ...