Trump Picks a Bitcoin Supporter for Cabinet as U.S. Budget Director

Discussion in 'News' started by CryptoMarketer, Dec 24, 2016 at 3:43 AM.

  1. CryptoMarketer

    CryptoMarketer Moderator

    "Mick Mulvaney, a conservative Republican congressman from South Carolina and a long-time bitcoin supporter has been picked to run the Office of Management and Budget...."

    "...He is the first member of Congress to accept bitcoin donations and questioned Janet Yellen, Chair of the Federal Reserve, in October 2015: “what Bitcoin’s rising popularity says about public perception of the Federal Reserve’s conduct of monetary policy,” according to Coin Center, a non-profit bitcoin research and advocacy center.

    Moreover, Mulvaney, together with Jared Polis, a Democratic member of Congress from Colorado, launched the bipartisan Blockchain Caucus in September with Mulvaney stating:

    “Blockchain technology has the potential to revolutionize the financial services industry, the U.S. economy and the delivery of government services, and I am proud to be involved with this initiative.”..."

  2. CryptoMarketer

    CryptoMarketer Moderator


    ALIPIRANI New Member

  4. CryptoMarketer

    CryptoMarketer Moderator

    There's a small chance with this pick by Trump that the US may loosen its restrictions on Bitcoin and other digital currencies.

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