RFK Jr. Champions Bitcoin as Middle-Class Hedge in Treasury Debate

Robert F. Kennedy Jr. recently called Bitcoin a “hedge against inflation for middle-class Americans.” His comment came during discussions about the next U.S. Treasury Secretary under President-elect Donald Trump. The two top candidates, Howard Lutnick and Scott Bessent, have brought cryptocurrency to the forefront of the conversation.

A Showdown for Treasury Leadership

Kyle Bass, a well-known hedge fund manager, voiced strong support for Scott Bessent. Bass called Bessent the better choice for his deep understanding of markets, economics, and geopolitics. 

Howard Lutnick, CEO of Cantor Fitzgerald, has taken a more direct approach to cryptocurrency. Earlier this year, Lutnick announced a $2 billion bitcoin financing project aimed at providing leverage to bitcoin holders. Cantor Fitzgerald also plays a key role in managing Tether’s reserves.

Scott Bessent has also expressed optimism about cryptocurrency, particularly bitcoin. In a recent interview, he emphasized bitcoin’s potential to engage younger investors and broaden market participation. 

Bitcoin and the Future of U.S. Finance

Kennedy’s support for bitcoin highlights a shift in how leaders view financial policy. Both Treasury candidates embrace cryptocurrency, suggesting digital assets will play a bigger role in U.S. economics. 

Lutnick’s bold projects could drive widespread bitcoin adoption. Meanwhile, Bessent’s balanced strategies aim to create long-term stability. This debate reflects a larger question about the future of finance. 

Lutnick and Bessent will shape the future of the economy and determine how America leads in blockchain and cryptocurrency. Both candidates bring unique strengths, but their shared focus on digital finance signals a new chapter in economic history.