PANews reported on November 15 that according to The Block, US President-elect Trump nominated Robert Kennedy (RFK Jr.), a former Democrat who supports Bitcoin, as the US Secretary of Health and Human Services (HHS). During the 2024 presidential campaign, RFK Jr. advocated the establishment of a strategic Bitcoin reserve to stabilize the US dollar and exempt capital gains tax on Bitcoin earnings. Part of his personal wealth is also invested in Bitcoin. In a statement, Trump said Kennedy will "make America healthy again" and is committed to clearing corruption in industrial food and medicine.
Kennedy's nomination is part of a pro-crypto team assembled by Trump, including Vice President-elect JD Vance and Secretary of Defense nominee Pete Hegseth. Notably, Tesla CEO Elon Musk and entrepreneur Vivek Ramaswamy will co-lead the newly formed government efficiency department "DOGE". In addition, market rumors say that Robinhood Chief Legal Officer Dan Gallagher may take over as Chairman of the U.S. Securities and Exchange Commission, replacing Gary Gensler, who currently has a tough attitude towards the crypto industry.
