Former President Donald Trump is reconsidering his picks for Treasury Secretary, moving away from candidates who are pro-crypto. Initially, Trump seemed inclined to appoint crypto advocates like Cantor Fitzgerald CEO Howard Lutnick or hedge fund manager Mike Bessent. However, interpersonal conflicts have arisen, with Lutnick reportedly lobbying aggressively for the role and criticizing Bessent. This dramatic shift has led Trump to explore alternatives that are less friendly to cryptocurrencies. Currently, he is considering former Federal Reserve governor Kevin Warsh and investor Marc Rowan, both of whom have mixed views on the digital asset space. Warsh has previously supported the idea of a central bank digital currency, which raises privacy concerns among crypto enthusiasts, while Rowan has recognized the importance of digital assets in the U.S. economy. Trump has expressed particular interest in Warsh's intellect and appearance. This leadership choice at the Treasury could significantly impact cryptocurrency regulations moving forward, especially if less pro-crypto candidates are selected.

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