Bakkt’s Casts First Senate Vote for Trump

Former CEO at the Intercontinental Exchange (ICE)-backed cryptocurrency trading platform Bakkt Kelly Loeffler has been sworn into the U.S Senate, casting her first vote for President Trump.

On January 6 she tweeted that Vice President Mike Pence sworn her in as a new Georgia’s senator.

Loeffler casts her first vote to support Trump’s pick to lead the Small Business Administration

In the statement Loeffler noted that her first vote went to Trump’s decision to support the Small Business Administration, a United States government agency aimed at assisting entrepreneurs and small businesses.

According to the reports, Loeffler takes the place of Senator Johnny Isakson who resigned in December 2019 because of health issues.

After her appointment to the Senate some Trump supporters criticized the 49-year-old businesswoman for being “too moderate and inexperienced.” In an interview with Time magazine Loeffler stated that since she was appointed she had not spoke to Trump yet.

“I know I have to earn the trust and support of the president […] And I’m going to work very hard to do that through my actions and my votes, and I’m confident that that will happen.” she said.

Earlier Loeffler stated that she is ”pro-Trump”. A person familiar with the situation shared her words:

“I’m a lifelong conservative. Pro-Second Amendment. Pro-military. Pro-wall. And pro-Trump. I make no apologies for my conservative values, and will proudly support President Trump’s conservative judges.”

Is Loeffler Bitcoin-supportive?

Although the official Senate website does not clearly state the name of the ”finance firm” where Loeffler was the CEO, the new Georgia’s Senator was leading one of the most promising Bitcoin (BTC)-related initiatives, ICE’s Bakkt. She also has been on the frontline of Bitcoin futures trading platform from its launch in August.

The stance of the new Georgia Senator on crypto-related initiatives in the state is still unclear. Since the introduction of bill proposing to accept crypto as valid form for paying taxes and licenses in February 2018, no more information was provided on the matter.

Meanwhile, President Trump is definitely not a fan of Bitcoin. In a series of tweets he stated that its value is based on thin air and it can facilitate illegal behavior.