White House Crypto Council Chief Bo Hines Exits for Private Sector Post

Bo Hines, the executive director of the White House crypto council, has reportedly stepped down from his role to return to the private sector, according to journalist Eleanor Terrett [1][2]. Appointed by President Trump in December 2024, Hines was tasked with leading the Presidential Council of Advisers for Digital Assets, often referred to as the "crypto council." During his time in the position, he worked closely with over 150 industry participants within three months, positioning his office as a liaison between the administration, the crypto industry, and Congress [1].

Hines’ departure marks a transition in the council’s leadership, with Patrick Witt set to take over as the new director. Witt currently serves as deputy director of the council and also holds the position of acting director of the Office of Strategic Capital at the Department of Defense, overseeing investments in emerging technologies [1]. Prior to his role in the council, Witt worked as deputy chief of staff at the U.S. Office of Personnel Management during the first Trump administration. In 2021, he ran for Congress in Georgia but withdrew to pursue a state insurance commissioner position, which he also lost in the Republican primary [1].

Witt does not have a documented background in the crypto industry, unlike his predecessor. He is also known for a 2015 incident involving allegations of sexual misconduct from a former girlfriend, which he denies [1]. In addition to his political and public service career, Witt played quarterback at Yale University and briefly signed with the New Orleans Saints.

Despite stepping away from his official duties, Hines will continue to advise David Sacks, the White House’s AI and crypto czar, on AI-related initiatives [1]. His exit highlights a shift in the administration’s digital asset strategy, with Witt now at the helm of a critical body tasked with shaping U.S. policy in the rapidly evolving crypto landscape.

The move raises questions about how the council’s direction may shift under Witt’s leadership, particularly given his different professional background compared to Hines. As the crypto sector continues to develop, the White House’s response to regulatory and policy challenges will remain a key focus for both industry stakeholders and lawmakers [1].

Source:

[1] TheBlock - [https://www.theblock.co/post/366234/white-house-crypto-council-head-bo-hines-to-step-down-return-to-private-sector-report](https://www.theblock.co/post/366234/white-house-crypto-council-head-bo-hines-to-step-down-return-to-private-sector-report)

[2] BeInCrypto - [https://beincrypto.com/bo-hines-to-reportedly-step-down-as-crypto-council-director/](https://beincrypto.com/bo-hines-to-reportedly-step-down-as-crypto-council-director/)