The CEO of Cantor Fitzgerald, who gained attention for his speech at a recent Bitcoin conference in Nashville, has been appointed as the co-lead of the Trump presidential transition team. This team is responsible for significant pre-election planning, including vetting candidates for cabinet positions, political appointments across the federal government, and developing a comprehensive policy agenda for the new administration.
Cantor Fitzgerald, a global financial services firm, recently made waves by announcing a $2 billion Bitcoin financing deal. The CEO expressed strong support for Bitcoin, stating, “I am a Bitcoin fan. Cantor Fitzgerald is a Bitcoin fan, and our investment bank is a rock star in the digital asset space. We are just getting started.”
Former President Donald Trump, in a statement, emphasized the importance of the transition team, saying, “We will bring back power, competence, and common sense to the Oval Office. I have every confidence that the Trump-Vance administration will be prepared to govern effectively from day one.” The transition team plays a critical role in ensuring that all necessary preparations are made well before the election.
Linda McMahon, who has joined the transition team alongside the CEO, previously served as the head of the Small Business Administration during Trump’s first term. Both McMahon and the CEO are significant donors to Trump’s reelection efforts. Additionally, the presence of Trump’s sons on the transition committee suggests they could play important roles in a potential second Trump administration, as they were also prominent speakers at the recent Republican National Convention.
Please note: *This is not investment advice.
