Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Eugene

(64,543 posts)
Mon Apr 14, 2025, 08:37 PM Apr 14

Donald Trump's 29-year-old crypto guru lays out the president's plans for regulating crypto and rolling back a Biden-era

Source: Fortune

Donald Trump’s 29-year-old crypto guru lays out the president’s plans for regulating crypto and rolling back a Biden-era crackdown

Jessica Mathews, Leo Schwartz
Mon, April 14, 2025 at 7:00 AM EDT·14 min read

When Donald Trump hosted the first-ever White House crypto summit in March, he was surrounded by some of his top advisors in the elegant State Dining Room. To his right at the cloth-draped table was Treasury Secretary Scott Bessent, and to his left was his crypto and AI czar, venture capital heavyweight David Sacks. But next to Sacks was a figure who had been unknown to nearly everyone in the room until just a few months before: Bo Hines, a 29-year-old former congressional candidate and college wide receiver who had helped one of the Trump campaign’s top affiliated super PACs with advertising. Trump has tapped Hines to spearhead a radical effort to create crypto-friendly regulation and roll back the Biden administration’s crackdown on the industry.

In the months since his appointment, Hines has become a mini-celebrity in the crypto world—with CEOs and billionaire investors vying for appointments on his calendar, and lobbyists jostling for face time. In the first 30 days after becoming executive director of the President’s Council of Advisers on Digital Assets, Hines had met with more than 50 crypto lobbyists, investors, company founders, agency officials, and bankers, according to his calendar, obtained by Fortune via a Freedom of Information Act request. He’s sat down with Chris Dixon and Marc Andreessen of top Silicon Valley investment firm Andreessen Horowitz; Brad Garlinghouse, CEO of crypto company Ripple; and Bank of New York Mellon’s digital assets chief Caroline Butler.

Some of the meetings have been held at the White House. Others have been in coffee shops, over Zoom, and at the Old Ebbitt Grill, one of Washington, D.C.’s oldest dining saloons.

-snip-

Read more: https://news.yahoo.com/news/finance/news/donald-trump-29-old-crypto-110000826.html

1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Donald Trump's 29-year-old crypto guru lays out the president's plans for regulating crypto and rolling back a Biden-era (Original Post) Eugene Apr 14 OP
How can this be seen as anything but another scheme to steal We the People's Money Nictuku Apr 15 #1
Latest Discussions»Issue Forums»Economy»Donald Trump's 29-year-ol...