Coinbase CEO Brian Armstrong To Meet With Trump To Discuss Personnel Appointments, Says WSJ

Updated: 19 November 2024

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Coinbase CEO Brian Armstrong will meet with US President-elect Donald Trump as he continues to announce staff picks for his administration and government department heads, the Wall Street Journal (WSJ) reported.

The incoming US President plans on meeting privately with Armstrong to discuss potential personnel appointments, according to the Nov. 18 report.

Brian Armstrong And Coinbase Prepared To Work With Trump Administration

Armstrong does not appear to have donated directly to Trump’s 2024 campaign or any political action committees (PACs) directly supporting the Republican. Prior to the US presidential election, however, the Coinbase CEO did say that the leading US exchange platform would be prepared to work with a Trump administration.

Earlier this year at the Bitcoin 2024 Conference, Trump made an appearance and said that he plans on establishing a “Bitcoin and crypto presidential advisory council.” This council, once formed, would be tasked with designing “transparent regulatory guidance for the benefit of the entire industry” within 100 days of taking office, the then-candidate said at the event.

There has been no indication yet that Armstrong or another Coinbase employee might enter into a role in the new administration.

Armstrong Calls DOGE A “Once In A Lifetime Opportunity”

Although he has been fairly quiet on the political front, Armstrong did express his support for the proposed Department of Government Efficiency (DOGE) that Trump is trying to form. In a Nov. 17 X post, the Coinbase CEO called the initiative a “once in a lifetime opportunity” to “cut the size of government back to health” and “increase economic freedom” in the United States.

. @DOGE is a once in a lifetime opportunity to increase economic freedom in the U.S. and cut the size of government back to health.

The founding fathers were geniuses but (with humility) may have missed the adverse incentives which grow the size of democratic government over…

— Brian Armstrong (@brian_armstrong) November 17, 2024

While DOGE still needs approval from Congress to become a government department, Trump has announced that Tesla founder Elon Musk and Strive Enterprises co-founder Vivek Ramaswamy will lead the initiative to “dismantle Government Bureaucracy.”