Trump is finalizing his crypto regulation team with Gould as a key pick

Recently, President Donald Trump almost finished putting together his pro-crypto regulatory team. This significant step shows a change in how the U.S. government oversees money. With his latest pick, Jonathan Gould, for the Office of the Comptroller of the Currency (OCC), he has made it clear that he wants digital assets to be a part of the banking system. Gould has a lot of experience in making changes to federal banking rules because he is an expert in banking law and was the top lawyer at the OCC. His previous job as Bitfury’s top legal officer also indicates a possible push for more cooperation between banks and cryptocurrencies. The White House seems ready for a new era of regulating digital assets since key roles are filled with crypto-friendly people.

Gould’s Appointment to the OCC and Crypto Influence

Trump’s choice to put Jonathan Gould forward as head of the OCC comes at a significant time. The OCC is essential for keeping an eye on national banks, and two bills in Congress want to make it the main body in charge of stablecoins regulation. If confirmed, Gould could push for policies that make it easier for banks and cryptocurrencies to work together, aligning with the administration’s overall plan for digital assets. 

Pro-crypto cabinets can affect financial oversight

Gould’s nomination comes after Jonathan McKernan’s choice to lead the Consumer Financial Protection Bureau (CFPB). McKernan, who used to work for the Federal Deposit Insurance Corporation (FDIC), has been critical of how the CFPB works and is expected to bring a more organized method to making financial rules. 

Support from Congress strengthens crypto policy shift

Trump’s crypto agenda has won support in Congress, not just in the executive branch. Members of Congress, like Senator Tim Scott and Representative French Hill, are leading attempts to improve laws about digital assets, mainly stablecoins. This agreement between regulatory agencies and legislative groups makes it more likely that a unified regulatory framework will support crypto. 

Conclusion

Donald Trump is changing how financial oversight works to include digital assets in regular banking with the selection of Gould and a list of other pro-crypto appointments. These actions mark a significant shift toward rules that encourage new ideas while keeping things stable.