Revolving Door Project slams Trump’s crypto roundtable as conflict-of-interest push
The Revolving Door Project warned that a White House crypto and prediction-market roundtable will let Donald Trump seek lax regulation that benefits his personal crypto holdings and allied firms.
The Revolving Door Project issued a statement condemning an upcoming White House roundtable on cryptocurrency and prediction markets, asserting that Donald Trump intends to leverage the event to secure a regulatory climate favorable to his crypto holdings and allied firms. Researchers Henry Burke and Timi Iwayemi warned that the meeting would pressure independent agencies and a divided Congress, highlighting the president’s billions in crypto wealth and the industry’s campaign contributions.
Their critique coincided with the Office of the Comptroller of the Currency’s preliminary approval of a bank charter for World Liberty Financial, a company owned in part by Trump’s sons Donald Jr. and Eric. Senator Elizabeth Warren labeled the charter the “most brazen act of self-dealing” in the financial system. The RDP’s comments reflect broader concerns about conflicts of interest as the administration pursues a crypto-friendly agenda while voters express disgust with industry influence.
Why it matters
It exposes potential regulatory capture linking the president’s crypto interests to federal policy.
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