#BitcoinBill

There’s a New Name in the Race for Trump’s Treasury Secretary: Report

The president-elect apparently enjoyed spending some quality time with the potential pick this week.

A new name has reportedly entered the race for Donald Trump’s Treasury Secretary. The president-elect is taking a look at Tennessee Sen. Bill Hagerty, formerly a private equity investor and Trump’s previous ambassador to Japan, according to Axios. He resigned his previous position in Trump’s administration to make a run at the Senate—winning the tight Republican primary race on the back of an endorsement from his former boss. “Respected, loyal, and great on TV—the total Trump package,” a Republican source told Axios of Hagerty, who has close ties to Wall Street. Trump enjoyed spending time with the senator while he visited Mar-a-Lago this week, the publication reported. He also joined Trump at Tuesday’s launch of Elon Musk’s Starship rocket in Texas. Hagerty joins former Federal Reserve governor Kevin Warsh and Apollo CEO Marc Rowan—who will meet with the president-elect at Mar-a-Lago this week—as one of three purported finalists for the role. In addition to his Wall Street ties, Hagerty appears to have the backing of the online crypto community. The senator said in July that Bitcoin would “thrive” under Trump. #BitcoinBill trended on X today, while a slew of memes endorsing Hagerty made the rounds, including some that depicted him as Batman.