Part 4/10:
Amid these developments, concerns regarding Trump’s nominee for Secretary of Defense, Pete Hegseth, have come to light, primarily associated with serious allegations that could hamper his confirmation. While he has acknowledged past missteps as part of a “redemption story,” support among Senate Republicans appears fragile.
The Crypto Surge
In another significant economic development, Bitcoin experienced a remarkable surge, surpassing the $100,000 mark, just hours after Trump announced his pick for the Securities and Exchange Commission (SEC) head, Paul Atkins. This surge signals a robust re-entry into the mainstream financial conversation around cryptocurrencies, which had previously suffered setbacks.