Following his re-election as president-elect, Donald Trump is selecting top cabinet positions, with plans for a digital assets task force on hold. Trump’s transition team, co-chaired by Cantor Fitzgerald CEO Howard Lutnick, is focusing on the highest-level appointments, while connections with crypto influencers like Elon Musk are highlighted. Notable picks include Susie Wiles as White House chief of staff and Rep. Mike Waltz for national security adviser. Tom Homan is slated as border czar, emphasizing Trump’s immigration stance. Former presidential candidate Vivek Ramaswamy is a frontrunner for Secretary of State, although positions like Treasury Secretary remain open. Trump aims to repeal several executive orders from his first term, impacting climate and health policies. Additionally, Trump has indicated intentions to replace SEC Chair Gary Gensler, with Mark Uyeda potentially taking over if Gensler does not resign. The cabinet formation emphasizes a top-down approach, with crypto initiatives currently less urgent in Trump's agenda.

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