Michaela Alvez
President-elect Donald Trump has tapped former college football player Bo Hines to lead his newly formed “Crypto Council” as executive director.
On December 22, President-elect Donald Trump announced Hines’ nomination in a post on his Truth Social platform. Trump revealed that Hines would collaborate with David Sacks, his appointed Crypto Czar, to promote the growth of the digital asset industry through a new advisory group.
“Together, they will work to ensure this sector remains a key driver of our nation’s technological advancement,” Trump wrote.
In 2022, Bo Hines campaigned as the Republican candidate for North Carolina’s U.S. House seat but was narrowly defeated by Democrat Wiley Nickel. Hines received backing from pro-crypto figures, including former FTX Digital Markets CEO Ryan Salame.
In his recent election campaign, Trump promised to introduce a new regulatory framework for digital assets. He also garnered strong support from key figures within the crypto industry, further solidifying his stance on the sector.
As part of his efforts to make the U.S. more crypto-friendly, Trump has appointed several pro-crypto figures to key regulatory roles.
Along with Hines’ nomination, he has also named Stephen Miran to chair the Council of Economic Advisers (CEA). Miran, who holds a Ph.D. in economics from Harvard University, previously served as a senior adviser for economic policy at the U.S. Treasury Department during Trump’s first term.
Miran expressed his enthusiasm about the new role, stating, “I look forward to working to help implement the President’s policy agenda to create a booming, noninflationary economy that brings prosperity to all Americans,” in a post on X following his appointment.
In his new position, Miran will oversee the CEA, providing key economic guidance to the President. This includes shaping the annual Economic Report of the President and evaluating how federal policies affect the economy.
Miran’s appointment is expected to influence the administration’s economic policies, particularly in areas related to digital assets and financial innovation. His background and expertise are anticipated to play a significant role in shaping the economic strategies of the forthcoming administration.
Read More
- SEC Shake-Up: Trump Nominates Pro-Crypto Atkins, Gensler Leaves Enforcement Bombshell
- Trump Nominates David Sacks as White House Crypto and AI Czar
- Trump Meets with Crypto.com CEO to Discuss Policies and Appointments
Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
