President Trump to Issue Executive Orders on Crypto on Day One
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In this report, we explore the alliance between President-elect Donald Trump and Silicon Valley’s titans, Elon Musk, Marc Andreessen, and David Sacks—and why this partnership could prove a game-changer for cryptocurrency investors over the years ahead. Plus, why Trump is likely to order pro-crypto Executive Orders on day one. A Presidential Pitch at Bedminster According to a report published today by the Washington Post, the seeds of a new friendship were first planted over dinner at Trump’s private golf club in Bedminster, New Jersey, last summer. This was the first time Marc Andreessen—famed creator of the modern web browser and co-founder of the powerhouse venture capital firm Andreessen Horowitz—had met Trump. Trump’s message? He wants to see American tech outcompete China, break down regulatory barriers, and supercharge high-growth sectors, including cryptocurrency. With Biden’s administration having “cracked down” on crypto and other emerging tech, Andreessen saw an opportunity for a major pivot toward fostering innovation. Andreessen and Trump at Mar-a-Lago, Source: Grok Silicon Valley’s Renewed Courtship of Washington During Biden’s term, many in the venture capital community felt they’d been shut out of D.C. policy discussions. But now, Andreessen and other top-tier investors sense an open lane to advance a new “Little Tech” agenda, especially on crypto. Newfound Ally in the White House Andreessen’s role: He’s been quietly helping Trump’s transition team assemble the new administration, lending his tech-startup-style recruiting prowess to find top talent for everything from defense to intelligence to crypto oversight. Other tech heavyweights visiting Mar-a-Lago: People like Elon Musk, Jeff Bezos, Mark Zuckerberg, David Sacks, and Sundar Pichai have made pilgrimages to Trump’s Florida estate, signaling a renewed push for friendly relations with the White House. Behind the scenes: Andreessen’s influence runs far deeper than just tech or economic policy hires. The Post says insiders suggest he’s…
Filed under: News - @ January 14, 2025 1:20 am