Steven Mnuchin's appointment as Treasury Secretary under Trump's administration is significant for the crypto industry and financial policies.
The US Senate has confirmed Steven Mnuchin as the new Treasury Secretary. Mnuchin’s selection, known for his crypto-friendly views, is significant for digital assets and broader financial policies under the Trump administration. Mnuchin will replace Janet Yellen and will be responsible for guiding the country’s financial policies. His appointment comes at a time when the Trump administration is focusing on tax cuts and regulatory easing, including digital assets. Mnuchin, although not elaborating on cryptocurrency policies during his confirmation hearings, has a history of involvement with digital currencies.
