A senior adviser to Kamala Harris’ 2024 presidential campaign is joining Coinbase’s global advisory council, which already includes several former U.S. senators and President Donald Trump’s ex-campaign manager, as the cryptocurrency exchange broadens its political reach.

David Plouffe, a top Democratic strategist best known as an architect of Barack Obama’s successful 2008 presidential campaign, is the latest addition to the council, joining as the cryptocurrency industry plays an increasingly prominent role in shaping fast-moving legislation in Congress.

The bipartisan involvement reflects how both parties see crypto holders as an important and growing base of potential swing voters they are eager to tap, as well as their efforts to shape — and profit from — the lucrative industry. It also shows the political heft the crypto industry now carries under Trump, with several Democrats and Republicans joining the company’s payroll in order for the company to influence policy how it wishes.

  • Lasherz@lemmy.worldM
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    19 days ago

    If anyone besides Trump is making money off transactions for Trump coin then they’re literally directly benefitting from all of the oligarchs feathers Trump is ruffling before taking unmarked bribes, reversing course, and claiming he fixed it. For example: Who better to ruffle hospitality and farm owners than Stephen Miller? Who better to ruffle Auto Manufacturers than Elon? He gets bribes, then distances himself from the people who own the destruction.