A Short Preview:
“Top crypto companies expanded their influence efforts in recent weeks by ponying up millions of dollars to Trump’s inaugural…. [T]he crypto firm Ripple pledged $5m of its own cryptocurrency to the inaugural, making it one of the largest donors. Ripple’s outside lobbying team includes Michael Best Strategies whose board is chaired by Trump’s ex-chief of staff Reince Priebus…. Ripple also hired power lobbyist Brian Ballard who has been a major Trump fundraiser since 2016.”
~ The Guardian
By Catherine Austin Fitts
After leading all industries in political contributions in the 2024 elections, the crypto industry is enjoying the “Trump pivot,” with the President appointing a crypto lobbyist to run the Securities and Exchange Commission (SEC) and Silicon Valley venture capitalist David Sacks named to a new White House position, “AI & Crypto Czar.” In addition, the President and his wife have issued their own meme coins, and he has signed an “Executive Order to Establish United States Leadership in Digital Financial Technology” that establishes a working group to push ahead on a new regulatory framework to ensure that digital money and assets will be privately led. Meanwhile, his family companies World Liberty Financial and Trump Media & Technology Group have expanded their push into crypto.
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