Trump to Give Bit-Ballers Priority over ‘Ma and Pa’ in the Event of Bank Failure: Report
2 Articles
2 Articles
Trump to give bit-ballers priority over ‘Ma and Pa’ in the event of bank failure: report
The Lever reports The GENIUS Act currently coursing through the Senate wants to use your savings account to prop up the untested, shifting cryptocurrency market.After the family of President Donald Trump made about $1 billion in crypto this year the president made crypto a priority. Spurred by “at least $4 million” in lobbying since January, The Lever reports the Senate appears onboard with that agenda.But included in their GENIUS Act legislatio…
The Senate Democrats enabling Trump's crypto windfall
President Trump is shamelessly exploiting the presidency for personal profit. At the center of this effort is a variety of crypto ventures. For example, Trump recently gifted a VIP tour of the White House to the largest purchasers of his crypto meme coin, $TRUMP. The average winner bought about $4.3 million worth of Trump meme coins.USD1, a "stablecoin" recently created by the Trump-backed crypto firm World Liberty Financial, may eventually offe…
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