Howard Lutnick, CEO of Cantor Fitzgerald, is reportedly in contention for the Treasury Secretary position in President-Elect Donald Trump's upcoming administration in 2025. Previously considered a leading candidate, Scott Bessent's chances shifted after John Paulson withdrew from the selection process. Lutnick has raised his profile within the crypto community due to his association with Tether and attendance at Bitcoin 2024. Both Lutnick and Bessent are pro-crypto advocates who support the industry’s growth in the U.S. Notably, Cantor Fitzgerald has managed Tether's Treasury portfolio since 2021. Lutnick has been vocal about Bitcoin’s unique attributes, advocating for a better understanding of cryptocurrencies among U.S. regulators. His inclusion as Treasury Secretary could significantly impact crypto policy, as demonstrated by his previous engagement with lawmakers on the subject.

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