President Trump seems to be highly interested in the potential of blockchain technologies and the benefits of using cryptocurrencies for the country’s economy. Yesterday, he addressed the nation via Twitter announcing the appointment of Mick Mulvaney as the White House’s new acting Chief of Staff.
Mulvaney joins the list of politicians with pro-Bitcoin orientations to whom Mr. Trump has given important political responsibilities within his cabinet.
“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,” President Trump tweeted.
Mulvaney: a Pro-Bitcoin Guy With Temporary but Strategic Responsibilities
Mulvaney’s role as John Kelly’s replacement refreshes a bit the way of doing politics inside the White House. Kelly’s conservative vision contrasts somewhat with Mulvaney, who on several occasions has expressed his enthusiasm for the use of Bitcoin and other Blockchain technologies.
According to CNN, Mr. Mulvaney will have two parallel positions: On the one hand, he will have his regular job as director of the Office of Management and Budget while assuming these new responsibilities in an “acting role.”
Trump disguised the temporary nature of these functions, commenting that his services are official until the end of the year although he did not hide his enthusiasm for working in conjunction with him.
IS Trump Playing a Slow Game of Crypto-Chess?
Previously, Trump included Elad Roisman and Hester Peirce as SEC members in a decision that clearly aimed to modify some positions within the SEC. Both are known supporters of the use of cryptocurrencies and have defended the potential of blockchain technologies as mechanisms to boost the national economy.
Like Roisman and Peirce, Mulvaney played an essential role in the promotion of blockchain technologies by creating the Congressional Blockchain Caucus, an organization dedicated to promoting the study of blockchain technologies within the Congress with the aim of developing a series of legal instruments adapted to this area.
In a speech motivating other members of Congress to join the caucus, Mulvaney had already shown his passion for blockchain technologies:
“Blockchain technology has the potential to revolutionize the financial services industry, the U.S. economy, and the delivery of government services,”