The US President Donald Trump reaches our crypto news today again for hiring the popular Bitcoin supporter Mick Mulvaney as his new White House Chief of Staff.
This decision has a huge impact especially to have a major Bitcoin advocate in the White House and it is extremely beneficial for the entire crypto industry. Trump’s decision is a massive boost for the crypto-fanatics as well.
Mulvaney is a crypto supporter and a big fan of Bitcoin and he was one of the people who worked for the creating the blockchain Caucus-a group of lawmakers that create new laws regarding emerging technologies such as cryptocurrency.
Trump tweeted:
‘’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. Mick has done an outstanding job while in the Administration’’.
Mulvaney has already stated that the blockchain technology has the potential to revolutionize the entire financial services industry and the US economy in general. He also noted that he is very proud to be involved with this initiative.
Mick Mulvaney has a lot of knowledge of how the blockchain works and has already helped to draft two new legislative acts that support the development of the blockchain industry. At that time, Mulvaney stated:
“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.”
This is a great move by Donald Trump for all of the crypto-fans and crypto enthusiasts.
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