Could BlackRock’s Larry Fink Be Trump’s Next Treasury Secretary?

There is a lot of conjecture about who would take important government positions should former President Donald Trump get re-elected for another term. This conversation revolves mostly around the possible nomination of a new Treasury secretary. Related Reading: Bitcoin Scenario: National Treasury Reserve Push Sparks $1 Million Projections The biggest talk is coming from two […]

Jul 22, 2024 - 19:00

Could BlackRock’s Larry Fink Be Trump’s Next Treasury Secretary?

There is a lot of conjecture about who would take important government positions should former President Donald Trump get re-elected for another term. This conversation revolves mostly around the possible nomination of a new Treasury secretary.

The biggest talk is coming from two names: Jamie Dimon, CEO of JPMorgan Chase, and Larry Fink, BlackRock’s CEO. The particular financial history of any candidate might have a big influence on conventional banking as well as the growing crypto industry.

Larry Fink: A Crypto And Finance Buddy?

Prominent among the contenders for the Treasury Secretary post is Larry Fink, chairman of BlackRock, the biggest asset management company worldwide. He is a potential pick because of his close financial links to Trump: BlackRock has handled his finances and investment portfolio. Beyond their personal ties, though, Fink’s opinion on cryptocurrencies may change the nature of the market.