Democrats Say They Can Support Crypto While Calling Out Trump

The president and other Republicans have benefited politically and financially from being friendly to the industry.

Sen. Senator Ruben Gallego
Annabelle Gordon/Sipa USA via AP

Democrats have consistently called out President Donald Trump’s involvement in cryptocurrency businesses that they allege are corrupt. At the same time, Democrats say they need to shake the impression that the party is hostile to crypto — both to win voters and funding.

Rep. Salud Carbajal, a centrist Democrat, said calling out Trump’s crypto schemes and supporting a good regulatory environment for crypto are two “separate” issues, and Democrats must treat them as such.

“Whether it’s crypto or negotiations with other countries, this administration has demonstrated a corruption level that we’ve never seen before,” Carbajal told NOTUS.