Fast execution, robust charts, clean risk controls.
👉 Open account →
COINOTAG recommends • Exchange signup
🚀 Smooth orders, clear control
Advanced order types and market depth in one view.
👉 Create account →
COINOTAG recommends • Exchange signup
📈 Clarity in volatile markets
Plan entries & exits, manage positions with discipline.
👉 Sign up →
COINOTAG recommends • Exchange signup
⚡ Speed, depth, reliability
Execute confidently when timing matters.
👉 Open account →
COINOTAG recommends • Exchange signup
🧭 A focused workflow for traders
Alerts, watchlists, and a repeatable process.
👉 Get started →
COINOTAG recommends • Exchange signup
✅ Data‑driven decisions
Focus on process—not noise.
👉 Sign up →
Jonathan McKernan was confirmed 51–47 as Under Secretary for Domestic Finance on Oct. 8, 2025, giving the Treasury a key role in shaping banking policy and discussions around a US central bank digital currency (CBDC). This position links Treasury policy to the Federal Reserve and FDIC on digital asset and banking oversight.
Senate confirmation: McKernan confirmed 51–47 as Under Secretary for Domestic Finance.
Impact on crypto policy: Treasury influence on a US digital dollar and coordination with the Fed and FDIC.
Government shutdown: regulatory actions like SEC ETF approvals likely delayed; bipartisan bills postponed.
Meta description: Jonathan McKernan confirmation strengthens Treasury influence on banking and a US digital dollar; read implications for crypto policy and regulatory delays. Learn more.
What does Jonathan McKernan’s confirmation mean for Treasury policy and crypto?
Jonathan McKernan’s confirmation as Under Secretary for Domestic Finance gives the Treasury greater influence on banking policy and federal coordination on a potential US central bank digital currency (CBDC). He will advise Secretary Scott Bessent and coordinate with the Federal Reserve and FDIC on regulatory approaches that could affect digital asset markets.
COINOTAG recommends • Professional traders group
💎 Join a professional trading community
Work with senior traders, research‑backed setups, and risk‑first frameworks.
👉 Join the group →
COINOTAG recommends • Professional traders group
📊 Transparent performance, real process
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing.
👉 Get access →
COINOTAG recommends • Professional traders group
🧭 Research → Plan → Execute
Daily levels, watchlists, and post‑trade reviews to build consistency.
👉 Join now →
COINOTAG recommends • Professional traders group
🛡️ Risk comes first
Sizing methods, invalidation rules, and R‑multiples baked into every plan.
👉 Start today →
COINOTAG recommends • Professional traders group
🧠 Learn the “why” behind each trade
Live breakdowns, playbooks, and framework‑first education.
👉 Join the group →
COINOTAG recommends • Professional traders group
🚀 Insider • APEX • INNER CIRCLE
Choose the depth you need—tools, coaching, and member rooms.
👉 Explore tiers →
McKernan, nominated by President Donald Trump in June, has prior experience at the FDIC and was once nominated to lead the Consumer Financial Protection Bureau. He has publicly discussed banking integration with crypto, referencing commentary from economist Tyler Cowen.
Source: Jonathan McKernan
How could McKernan influence a US digital dollar and banking regulation?
As Under Secretary for Domestic Finance, McKernan will help shape Treasury positions on a US digital dollar and interact with financial regulators. Former undersecretaries have engaged on CBDC policy, Treasury-Fed coordination, and FDIC deposit insurance questions.
COINOTAG recommends • Exchange signup
📈 Clear interface, precise orders
Sharp entries & exits with actionable alerts.
👉 Create free account →
COINOTAG recommends • Exchange signup
🧠 Smarter tools. Better decisions.
Depth analytics and risk features in one view.
👉 Sign up →
COINOTAG recommends • Exchange signup
🎯 Take control of entries & exits
Set alerts, define stops, execute consistently.
👉 Open account →
COINOTAG recommends • Exchange signup
🛠️ From idea to execution
Turn setups into plans with practical order types.
👉 Join now →
COINOTAG recommends • Exchange signup
📋 Trade your plan
Watchlists and routing that support focus.
👉 Get started →
COINOTAG recommends • Exchange signup
📊 Precision without the noise
Data‑first workflows for active traders.
👉 Sign up →
Practical effects may include: short-term guidance to federal agencies, participation in interagency CBDC working groups, and public statements that frame regulatory priorities. These steps can influence market expectations and policymaking timelines.
Why will the government shutdown slow crypto-related regulatory progress?
The US government shutdown, on its eighth day, has constrained full agency operations. The Senate failed to pass a stopgap funding bill, leaving many regulatory processes, such as Securities and Exchange Commission (SEC) approvals for exchange-traded funds, effectively paused.
COINOTAG recommends • Traders club
⚡ Futures with discipline
Defined R:R, pre‑set invalidation, execution checklists.
👉 Join the club →
COINOTAG recommends • Traders club
🎯 Spot strategies that compound
Momentum & accumulation frameworks managed with clear risk.
👉 Get access →
COINOTAG recommends • Traders club
🏛️ APEX tier for serious traders
Deep dives, analyst Q&A, and accountability sprints.
👉 Explore APEX →
COINOTAG recommends • Traders club
📈 Real‑time market structure
Key levels, liquidity zones, and actionable context.
👉 Join now →
COINOTAG recommends • Traders club
🔔 Smart alerts, not noise
Context‑rich notifications tied to plans and risk—never hype.
👉 Get access →
COINOTAG recommends • Traders club
🤝 Peer review & coaching
Hands‑on feedback that sharpens execution and risk control.
👉 Join the club →
Even while confirmations continue, resource-limited agencies postpone complex rulemakings and approvals. Market-structure legislation and bipartisan bills that require cross-party support are likely delayed until funding is restored.
When will delayed crypto approvals and bills likely resume?
Regulatory and legislative actions typically resume once appropriations or a continuing resolution restores full funding. Short-term confirmations can proceed, but substantive rulemaking, SEC approvals, and bipartisan market-structure negotiations generally wait for restored staffing and stakeholder engagement.
COINOTAG recommends • Exchange signup
📈 Clear control for futures
Sizing, stops, and scenario planning tools.
👉 Open futures account →
COINOTAG recommends • Exchange signup
🧩 Structure your futures trades
Define entries & exits with advanced orders.
👉 Sign up →
COINOTAG recommends • Exchange signup
🛡️ Control volatility
Automate alerts and manage positions with discipline.
👉 Get started →
COINOTAG recommends • Exchange signup
⚙️ Execution you can rely on
Fast routing and meaningful depth insights.
👉 Create account →
COINOTAG recommends • Exchange signup
📒 Plan. Execute. Review.
Frameworks for consistent decision‑making.
👉 Join now →
COINOTAG recommends • Exchange signup
🧩 Choose clarity over complexity
Actionable, pro‑grade tools—no fluff.
👉 Open account →
Frequently Asked Questions
How did the Senate vote on McKernan’s confirmation?
The Senate confirmed Jonathan McKernan by a 51–47 vote. The result allows him to begin duties supporting Treasury leadership on domestic finance issues.
COINOTAG recommends • Members‑only research
📌 Curated setups, clearly explained
Entry, invalidation, targets, and R:R defined before execution.
👉 Get access →
COINOTAG recommends • Members‑only research
🧠 Data‑led decision making
Technical + flow + context synthesized into actionable plans.
👉 Join now →
COINOTAG recommends • Members‑only research
🧱 Consistency over hype
Repeatable rules, realistic expectations, and a calmer mindset.
👉 Get access →
COINOTAG recommends • Members‑only research
🕒 Patience is an edge
Wait for confirmation and manage risk with checklists.
👉 Join now →
COINOTAG recommends • Members‑only research
💼 Professional mentorship
Guidance from seasoned traders and structured feedback loops.
👉 Get access →
COINOTAG recommends • Members‑only research
🧮 Track • Review • Improve
Documented PnL tracking and post‑mortems to accelerate learning.
👉 Join now →
Will McKernan’s confirmation speed up CBDC work?
McKernan’s role strengthens Treasury involvement but a CBDC requires coordinated Fed action and likely legislation; the confirmation clarifies Treasury leadership but does not by itself create a CBDC.
Key Takeaways
Confirmation outcome: Jonathan McKernan confirmed 51–47 as Under Secretary for Domestic Finance.
Policy influence: The position enhances Treasury coordination with the Federal Reserve and FDIC on CBDC and banking policy.
Operational impacts: The government shutdown has delayed SEC approvals and bipartisan market-structure legislation, slowing crypto-related regulatory actions.
Conclusion
Jonathan McKernan’s confirmation consolidates Treasury influence over domestic finance and the interagency conversation on a potential US digital dollar. With the government shutdown limiting agency activity, substantive regulatory actions are likely delayed. Watch Treasury statements and interagency coordination for the next signals on CBDC and banking policy.
COINOTAG recommends • Exchange signup
🎯 Focus on process over noise
Plan trades, size positions, execute consistently.
👉 Sign up →
COINOTAG recommends • Exchange signup
🛠️ Simplify execution
Keep decisions clear with practical controls.
👉 Get started →
COINOTAG recommends • Exchange signup
📊 Make data your edge
Use depth and alerts to avoid guesswork.
👉 Open account →
COINOTAG recommends • Exchange signup
🧭 Be prepared, not reactive
Turn setups into rules before you trade.
👉 Create account →
COINOTAG recommends • Exchange signup
✍️ Plan first, then act
Entries, exits, and reviews that fit your routine.