Robert F. Kennedy Jr. Doubles Down on His Bitcoin Advocacy, Recommends Howard Lutnik for US Treasury Head

Incoming US Secretary of Health Robert F. Kennedy Jr. (RFK) doubled down on his support for Bitcoin (BTC) in a latest post on X (formerly Twitter).

Incoming US Health Secretary Robert F. Kennedy Jr. (RFK) has doubled down on his support for Bitcoin (BTC) in a latest post on X (formerly Twitter).

The former US presidential candidate recommended cryptocurrency advocate Howard Lutnik, CEO of Cantor Fitzgerald, for the position as Donald Trump is narrowing his choices for the next US Treasury head and as the call to make Bitcoin a strategic reserve asset gains traction.

RFK’s comment came as a response to a comment made by Kyle Bass, CIO of Hayman Capital, that American investor and hedge fund manager Scott Bessent is more qualified for the post. Along the way, Kennedy highlighted Bitcoin’s roles as a freedom currency, a hedge against inflation, and a safeguard against the negative impacts of the exponentially rising US debt.

“Bitcoin is the currency of freedom, a hedge against inflation for middle-class Americans, a remedy against the dollar’s downgrade from the world’s reserve currency, and the offramp from a ruinous national debt,” said RFK on social media. “Bitcoin will have no stronger advocate than Howard Lutnik.”

Kennedy's recent statements serve as confirmation of the upcoming Trump administration’s pivot toward a more Bitcoin-centric approach to solve pressing monetary issues. It also underscores RFK’s consistency in his stance toward Bitcoin, which has been one of his rallying cries in the last election cycle.

RFK previously stated that he had put his faith in Bitcoin. In fact, he confirmed that he already converted most of his wealth into the digital asset. The next health secretary even admitted to buying two BTC for each of his seven children to reinforce his commitment.

When politicians, especially the ruling party, have a stake in a certain asset, everyone tends to pay attention. This is the reason why many traders and investors have been tracking Congresswoman Nancy Pelosi’s stocks over the years and why the crypto community has been keeping tabs on Trump’s previous promises for its sector.

RFK, like many other prominent political figures, has no shortage of controversies. One of the issues that critics brought up during the past election was his remarks on Bitcoin.

Since the past campaign period, Kennedy has stood his ground that Bitcoin could be the key to solving economic ails. He also accepted BTC donations for his bid for the presidency.

As it turned out, RFK’s family already held between $100,001 and $250,000 worth of BTC at that time, which raised questions about a potential conflict of interest in his pronouncements. However, his campaign manager later clarified that the purchases happened right after his Bitcoin-related speeches in an attempt to quickly snuff out the controversy.