Overview

• Lutnick told President Trump at a White House cabinet meeting that Commerce will start issuing GDP on-chain and said the model could be offered government‑wide.
• Officials have not named a blockchain, defined the storage or governance design, or set a schedule, and Commerce says it is finalizing details with White House crypto adviser David Sacks.
• The initiative tracks with the administration’s pro‑crypto posture and the House‑passed Deploying American Blockchains Act, which tasks Commerce with leading federal blockchain deployment work.
• Reporting ties the plan to years of federal pilots at Treasury, the CFTC, Defense, DHS, SBA, and Customs and Border Protection, while noting questions about value versus traditional databases.
• Coverage flags potential governance concerns by noting Lutnick’s private‑sector links through Cantor Fitzgerald, including connections to stablecoin issuer Tether.