New Defense Secretary Pete Hegseth brings cryptocurrency holdings to the Pentagon’s top post, with financial disclosures showing he owns between $5,000 and $15,000 in Bitcoin amid his broader support for digital assets.
“Look at [Donald] Trump, making bitcoin great again,” Hegseth said during a Fox News segment in November after Bitcoin initially surged past $80,000. “All it took was signaling to that market that they weren’t going to be overregulated. Trump embraced them.”
The Senate confirmed Hegseth as defense secretary Friday in a 50-50 vote, with Vice President JD Vance breaking the tie. The narrow victory came despite concerns about his qualifications and personal conduct, marking only the second time a vice president has cast a deciding vote for a Cabinet nominee.
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