Big news for cryptocurrency! Donald Trump, the former president, is choosing important people to watch over the crypto world. He wants to make sure things are fair and safe for everyone using cryptocurrency.
- Trump is picking Jonathan Gould to lead the Office of the Comptroller of the Currency (OCC). The OCC helps banks deal with crypto.
- Gould used to work for a crypto company, so he knows a lot about it.
- Experts think Gould might make it easier for banks to work with cryptocurrencies.
- Other important people are being chosen to watch over different parts of the financial system.
Person | Role |
---|---|
Jonathan Gould | OCC Leader (to be confirmed by the Senate) |
Jonathan McKernan | Consumer Financial Protection Bureau (CFPB) Leader (to be confirmed by the Senate) |
Brian Quintenz | CFTC Leader (to be confirmed by the Senate) |
These choices could affect how the U.S. government deals with crypto in the future. The Senate needs to approve these choices before they can officially start their jobs. This might take a few months.