Bitcoin advocate Mick Mulvaney has been appointed director of the US Office of Budget. Mulvaney has previously participated in government committees on virtual currency regulation and last year told the John Birch Society that the Federal Reserve had "effectively devalued the dollar". In the same speech, he praised bitcoin as not being not manipulatable by any government. The appointment comes after a series of high-profile departures from Trump's economic team.
Bitcoin advocate Mick Mulvaney has been appointed director of the US Office of Budget. Mulvaney has previously participated in government committees on virtual currency regulation and last year told the John Birch Society that the Federal Reserve had "effectively devalued the dollar". In the same speech, he praised bitcoin as not being not manipulatable by any government. Mulvaney is the latest well-known backer of the cryptocurrency to be appointed to the administration of President Donald Trump.