How Trump fell in love with crypto
Episode description
On this episode, Rhonda Colvin, James Hohmann, and JM Rieger take a closer look at President Donald Trump’s transformation from vocal crypto critic to now spearheading the U.S. government’s full-throated embrace of cryptocurrency and digital commodities.
Trump’s new love of crypto was on full display during White House Crypto Summit on March 7, led by crypto and artificial intelligence czar David Sacks. The Trump administration, along with tech industry leaders, touted deregulation, a Strategic Bitcoin Reserve and a Digital Assets Stockpile, executive orders and legislation.
Plus, Sam Bankman-Fried lobbies for a pardon from prison on Tucker Carlson’s podcast and reaction to the White House’s surprise decision to withdraw their Center of Disease Control and Prevention nomination, former congressman Dave Weldon, who found out as he was driving to the Capitol to testify.