Brian Armstrong, the CEO of Coinbase, is reportedly set to meet with Donald Trump as part of the president-elect’s ongoing process of selecting key figures for his administration.
A recent Wall Street Journal report from November 18 revealed that Armstrong’s meeting with Trump is expected to focus on personnel decisions. Although Armstrong has not made direct contributions to Trump’s 2024 campaign or any related political action committees (PACs), he previously expressed that Coinbase would be open to collaborating with a potential Trump administration.
It remains unclear whether Armstrong or someone from Coinbase will be involved in the new administration, but Trump’s plans for a “Bitcoin and crypto presidential advisory council” have sparked interest.
This initiative, which aims to provide clear regulatory guidance for the crypto industry, was one of Trump’s proposals during his campaign. At the Bitcoin 2024 conference, Trump vowed to implement such a council within his first 100 days in office.
Since securing his election victory on November 6, Trump has begun announcing several potential cabinet appointments, even hinting at bypassing Senate confirmation to expedite the process. As of now, he has not specified who might replace SEC Chairman Gary Gensler, a position he has promised to address on his first day in office.
Jonathan Mann, the creator behind the long-running “Song A Day” project, has turned his crypto misfortune into a musical cautionary tale.
Elon Musk’s financial standing has taken a major hit, with his net worth shrinking by $70 billion since his public fallout with Donald Trump.
UBS analyst Brian Meredith has revised his outlook on Berkshire Hathaway’s Class B shares, trimming the price target from $606 to $591, while maintaining a “buy” rating.
In a move not seen in decades, the U.S. Treasury Department has initiated a historic $10 billion bond buyback—its largest ever—targeting securities set to mature between mid-2025 and mid-2027.