Trump LIVE: Kamala Harris is Unfit To Rule, Says Trump; Describes Her as Radical Left Lunatic | USA News Live | CNBC TV18
Former President Donald Trump on Saturday slammed Vice President Kamala Harris over the Biden administration’s approach to cryptocurrency regulation and announced a sweeping set of industry-friendly policies, as he sought to win over the bitcoin faithful.
Speaking at a major crypto conference in Nashville, Tennessee, Trump sought to tie Harris to the Biden administration’s tough regulatory approach to the digital asset industry. Though Harris hasn’t taken a public position and her team is ramping up outreach to the crypto world, Trump said she is “against crypto.”
Trump endorsed an array of policies to boost crypto firms. Among the ideas: having the government hold a stockpile of bitcoin, creating a crypto advisory council, installing a crypto-friendly Securities and Exchange Commission chair and blocking the Federal Reserve from creating its own digital currency.
“I pledge to the bitcoin community that the day I take the oath of office, Joe Biden and Kamala Harris’ anti-crypto crusade will be over,” he said. “The moment I’m sworn in, the persecution stops and the weaponization ends against your industry.”
Trump’s appearance at the Bitcoin 2024 conference cemented his embrace of the crypto industry, which is lobbying hard in Washington and planning to spend more than $160 million to sway this year’s elections. The ascension of Harris is poised to complicate his pitch. Her campaign is showing signs of opening up to the industry, and some Democrats are pushing her to break from the Biden administration’s more skeptical approach.
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