President Donald Trump’s Crypto advisor, Bo Hines, went out after only months on the job, and the next one on Line-Hans’s deputy, Patrick Witt-will, apparently shepherd the industry’s political priorities in Washington as it still seeks the industry’s comprehensive rules and the institution for a federal crypto image.
Witt shares a remarkably similar story with Hines-Begge ex-football stars who played on Yale before sought-after Law and come to a short bid for Congress. Witt had a brief effort as a free-agent quarterback for New Orleans Saints after leading the Yale Bulldogs team, which Hines later played on as a broad recipient. Both ex-athletes bound their political careers close to Trump in recent years, and Witt will now be the biggest industrial connection for Trump’s White House, according to his social media profile on X, referring to the title Hines left behind.
As CEO of the President’s Council for Digital Assets advisers, Witt rises to the role without a significant crypto background, although Hines also occupied the role without a deep digital assets past.
“We have had the pleasure of working with Patrick all year and looking forward to continuing to implement policies that will make the United States this global hub for cryptoinnovation and development,” Miller Whitehouse-Line, CEO of the Solana Policy Institute, said in a statement.
When Witt helped introduce Trump at a rally in 2022, he told the audience that “the government is too often the problem.” But the candidate from Harvard Law School spent some time earning at a federal level and describing himself as a “public employee” in his LinkedIn account.
Witt has a few of the regular CV staples from DC careers: Three years at McKinsey & Co., and former Stints on the Office of Personal Management in the first Trump Presidency and some time at the Department of Defense. But in his home state of Georgia, his political career had not yet found speed, with a failed bid to be the State Insurance Commissioner (under a promise to “prevent your insurance from waking up”) and a brief effort to drive for Congress.
Although his predecessor in the White House recently celebrated the significant victory for the first US crypto legislation to establish a law on stableecoins, Hines left a major to -do list. When Congress returns from her summer vacation, Witt will have to get a grip on progress towards a Senate version of House-Passed Digital Asset Market Clarity Act. Hines had also been closely monitored the development of the formation of what the administration calls its strategic reserve in Bitcoin – a project that the industry has been eager to see progress with since an order from Trump earlier this year began working on it
“I love this community and everything we’ve built together,” Hines said in a farewell to X, surprising the industry by leaving after less than a year on the job. “When I return to the private sector, I look forward to continuing my support for the crypto ecosystem as it thrives here in the US.”
Witt posted that mood again, but has not yet made his own agenda ready. The White House did not immediately respond to a request for comment on his promotion.
Trump’s most senior cryptopolitan boss, David Sacks, remains in his position.
READ MORE: Why don’t the US not have a Bitcoin reserve yet?
