President Donald Trump’s Crypto advisor Bo Hines, came out only after months at work, and the next line-his deputy, Patrick Witt-seemed to have a shepherd in the politics of the industry in Washington as it is still looking for regulations throughout the industry and the institution of a federal stockpile of Crypto.
Witt shares a similar similar history with Hines-Both ex-football stars who played Yale before looking for law degrees and fell into bids for Congress. There was a Short stint As a free-agent quarterback for the New Orleans Saints after leading the Yale Bulldog team of breath eventually played as a wide recipient. Both ex-athletes tied to their political careers close to Trump in recent years, and Witt will now be the chief engagement with the industry for Trump’s White House, According to his social-media profile To X referring to the title Hines left behind.
As Executive Director of the Council of President’s Digital Assets Council, Witt climbed into a paper without a significant crypto background, even though Hines also occupied the paper without deep digital assets past.
“We are satisfied with working with Patrick throughout the year and I hope to continue to implement policies that will make the United States in the global hub of crypto innovative and development,” Miller Whitehouse-Levine, CEO of Solana Policy Institute said in a statement.
When Witt helped introduce Trump at a rally in 2022, he said to the crowd that “the government, often, is the problem.” But the graduate of Harvard Law School spent some time serving at the federal level and described himself as a “public servant” in his LinkedIn account.
Witt has some of the common resume staples of DC races: three years on McKinsey & Co., and previous stints in the Personnel Management office on Trump’s first presidency and several hours in the defense department. But in his home state of Georgia, his political career has not yet found the momentum, along with a Failed bid To be state insurance commissioner (under a commitment to “Keep your insurance to wake up“) and a brief effort to run for Congress.
Although his predecessor to the White House recently celebrated the significant win of the US Crypto first law to establish a law governing the stablecoins, Hines left a basic list of what to do. When Congress returns from the summer rest, Witt will have to get a handle on the development to a Senate version of the House-Passed Digital Asset Market Clarity Act. Hines has also been Closely monitoring of developments In developing what its administration calls Order from Trump earlier this year started working here
“I like this community and everything we have developed,” Hines told A farewell posting to xSurprisingly in the industry by leaving after less than one year of work. “As I return to the private sector, I hope to continue my support for the crypto ecosystem as it succeeds here in the United States.”
Witt re-posted that sentiment but has not made his own agenda clear. The White House did not immediately respond to a request for comment on his promotion.
The long -awaited leader of Trump’s crypto policy David Sacks, remains in his position.
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