Trump nominates 'Bitcoin Tether advocate' Howard Lutnick for Secretary of Commerce

US President-elect Donald Trump has nominated a known supporter of Bitcoin and the Tether (USDT) project for Secretary of Commerce.
According to the Wall Street Journal (WSJ), President-elect Trump has nominated the US investment bank Kan for Secretary of Commerce.
The company has appointed Howard Lutnick, CEO of Bitcoin Fitzgerald. Lutnick is a Bitcoin and Tether (USDT) enthusiast and a Canadian
Fitzgerald was reportedly appointed as a trustee for Tether's U.S. Treasury securities for several years. Lutnick also spoke at the Bitcoin 2024 conference in July about
Cantor Fitzgerald plans to launch a bitcoin finance business to provide leverage to bitcoin holders, raising $2 billion in initial funding
Previously, Howard Lutnick had challenged the Trump administration for the Treasury Secretary position, but Trump appointed him as Secretary of Commerce instead.
It has been reported that he wants to