President Donald Trump has been clear about wanting to make the U.S. the crypto capital of the world. What's becoming clearer is how much Trump is personally invested in the industry succeeding.
A new report from State Democracy Defenders Action finds that Trump's crypto holdings represent nearly 40 percent of his net worth. The president has his own meme coin and is offering a dinner and private White House tour to the highest investors.
Meanwhile, a recent deal by the Trump family's crypto firm, World Liberty Financial, to an Emirati state backed venture fund has raised eyebrows.
On Tuesday, Democratic Representative Maxine Waters of California blocked a joint hearing on cryptocurrency policy. On Thursday, a key cryptocurrency bill stalled over concerns of the president's crypto dealings.
We get into all of this during our latest installment of, "If You Can Keep It."
Want to support 1A?
Give to your local public radio station and subscribe to this podcast. Have questions?
Connect with us. Listen to 1A sponsor-free by signing up for 1A+ at
plus.npr.org/the1a.
Learn more about sponsor message choices:
podcastchoices.com/adchoicesNPR Privacy Policy
