Elon Musk Urges Trump to Reform Treasury Amid Bitcoin and Wall Street Tensions

Elon Musk has endorsed Howard Lutnick for U.S. Treasury Secretary, citing the need for change to address the country's escalating national debt, which has surpassed $34 trillion. Musk's support aligns with his warnings about U.S. financial instability and his advocacy for Bitcoin as a strategic reserve to mitigate debt. Lutnick, a Bitcoin proponent, is seen as a potential catalyst for change, contrasting with the "business-as-usual" approach of other candidates. This endorsement has fueled Bitcoin's price surge amid speculation of nation-state adoption.