“President Trump’s net worth,” the group estimated, “could roughly be #$15.9 billion, with about $11.6 billion in uncounted crypto assets.” This would mean crypto accounts for 73% of his net worth.
Trump would be one of the foremost beneficiaries of this bill, which would exclude digital assets like his $TRUMP and $MELANIA “meme coins” from SEC regulation.
Not only does this benefit Trump, said Accountable.Us executive director Tony Carrk, but the legitimization and entrenchment of these unstable assets has the potential to make the whole economy less stable.
“Eerily reminiscent of the risky behavior that gave us the 2008 financial collapse, Donald Trump is ushering in a new era of casino-like speculation on Wall Street with highly volatile crypto trading in retirement accounts,” Carrk said.
It’s funny that Republicans were trying everything under the Sun…including fabricating evidence…to show how Biden was profiting off of his position. And they never actually found anything.
But, here we are now…and it’s nothing but crickets.
“Conservatism consists of exactly one proposition, to wit: There must be in-groups whom the law protects but does not bind, alongside out-groups whom the law binds but does not protect.”