Patrick Witt revealed his departure from the White House recently.
Oct 18, 2026, 2:30 p.m. EDT
White House Executive Director of the President’s Council of Advisors for Digital Assets Patrick Witt is leaving federal government service and going back to the economic sector. Where does that leave the council?
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White House opening?
The narrative
The White House does not presently have actually an openly called crypto head. Patrick Witt, the most current consultant to President Donald Trump, stated he was out recently, and a follower has actually not yet been called.
Why it matters
While the majority of the DC focus today is on next month’s midterm election, the executive branch is still taking part in rulemaking and other efforts around digital property policymaking. And next year, after a brand-new Congress is sworn in, any crypto-related legislating will likely still require a White House intermediary.
Simplifying
CoinDesk’s Jesse Hamilton strolls through the evident jobs for a crypto advisor at the White House in this analysis from recently.
A White House authorities informed him that crypto and the Digital Asset Market Clarity Act would continue to be a focus for Trump.
With Witt’s departure, and the previous departures of Harry Jung and Bo Hines, the concern becomes what that focus looks like. The White House in 2027 will require to browse a fresh effort at crypto legislation, which will likely consist of tax legislation before market structure reform; a possibly hostile chamber of Congress, if Democrats turn your house of Representatives; and the continuous rulemaking efforts by the Securities and Exchange Commission, Commodity Futures Trading Commission, Office of the Comptroller of the Currency (and the Treasury Department more broadly) and other companies.
Today
Today
- There are no hearings that we are tracking today.
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