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Six members of the Trump cabinet hold BTC assets, worth millions of dollars in total
On March 13th, according to Fortune, based on the financial disclosure documents of 22 members of President Trump's cabinet in January, 6 of them listed Bitcoin Wallets or indirectly held Crypto Assets through other financial instruments. Health and Human Services Secretary Robert Kennedy Jr. disclosed a Fidelity BTC ETF account worth $1 million to $5 million, Office of Management and Budget Director Russell Vought disclosed BTC in a CEX Wallet worth $1,001 to $15,000, stating that he will divest these assets in the future. National Intelligence Director Tulsi Gabbard's report stated that she holds Bitwise BTC ETF trust funds worth $15,001 to $50,000 and BTC worth $15,001 to $50,000, while Defense Secretary Pete Hegseth disclosed BTC worth $15,001 to $50,000. According to the financial disclosure documents, Treasury Secretary Scott Bessent listed iShares BTC trust ETF worth $250,001 to $500,000, but according to his ethical protocol, he will divest these assets within 90 days of confirmation. Transportation Secretary Sean Duffy disclosed BTC worth $250,001 to $500,000, BTC in a CEX Wallet worth $250,001 to $500,000, and Wise Origin BTC fund from Fidelity worth $50,001 to $100,000. Abra CEO Bill Barhydt commented on this, "The encryption industry has spent millions of dollars supporting Trump's reelection and electing legislators who support Cryptocurrency. After Trump's election, Cryptocurrency companies donated more funds for his inauguration, and the SEC has revoked multiple Cryptocurrency lawsuits. Regulatory clarity is imminent."