As President Biden concludes his term, the Senate is initiating confirmation hearings for President-elect Trump's Cabinet selections. Defense Secretary candidate Pete Hegseth faced questioning, receiving support from Republicans while being scrutinized by Democrats. Senate Majority Leader John Thune anticipates a swift vote, suggesting Hegseth's nomination is likely secure. Other confirmation hearings for key positions, including attorney general and CIA director, are scheduled. Paul Atkins's hearing date remains pending, yet is expected to be approved by the Republicans. Additionally, the White House transition team is set to announce a choice for CFTC Chair soon. House Majority Whip Tom Emmer has joined a digital assets subcommittee and is advocating for U.S. regulation of digital assets under a Trump administration. With ongoing discussions regarding crypto oversight, Emmer emphasizes the need for American governance in this space. Overall, the next days will reveal more about Trump's final Cabinet appointments and direction in digital finance.

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