Biden Administration Rehires Carole House as Crypto Policy Advisor
The White House has chosen to bring back cybersecurity expert Carole House, indicating the Biden Administration’s renewed focus on crypto policy. House previously played a crucial role in advising Joe Biden on his 2022 executive order centered on cryptocurrencies.
In a post on LinkedIn on June 24, House expressed her “deep honor, humbleness, and excitement” to return to the Biden Administration. She has been appointed as the Special Advisor for Cybersecurity and Critical Infrastructure Policy at the White House National Security Council.
House previously served under Biden from 2021 to 2022 as the Director of Digital Innovation on the National Security Council. Additionally, she was a member of the Virtual Currency Advisory Board at the New York State Department of Financial Services. She also sits on The Digital Dollar Project’s advisory board, a non-profit dedicated to enhancing the US economy’s readiness for a CBDC. House is considered a supporter of cryptocurrencies within the Biden administration, and her return to the White House signifies a renewed emphasis on creating crypto regulations.
Carole House Voices Disapproval of Biden Administration’s Delayed Crypto Policy
House recently expressed concerns about the administration’s delayed efforts in establishing a regulatory framework for US cryptocurrency firms. She highlighted the absence of clear guidelines for registration in this sector as a particularly challenging concern during a Web3 Working Group podcast.
Her appointment comes at a time of increased scrutiny of Biden’s crypto policies leading up to the 2024 US presidential election. Senior Democratic senators have criticized the White House, leading to a recent resolution criticizing the SEC’s management of cryptocurrency. Biden subsequently vetoed the resolution and affirmed his support for the SEC’s decision.
Biden and Trump Clash Over Crypto Support Ahead of Election
Donald Trump, Biden’s expected opponent in November, has pointed to cryptocurrency as a potential divisive issue for the upcoming election. Along with other Republicans, he has made clear statements supporting the industry.
However, The Block reported earlier this month that Biden’s campaign is exploring cryptocurrency donations to signal a more supportive stance toward the sector.
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Carole House Reinstated as Crypto Policy Adviser by Biden Administration
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