Washington Post Says More Than 20% of Senior Trump Officials Hold Crypto Assets

Source
Suehyeon Lee

Forecast Trend Report by Period

Loading IndicatorLoading Indicator
Photo: Shutterstock
Photo: Shutterstock

A substantial share of senior officials in President Donald Trump's administration have invested in cryptocurrency or blockchain-related assets, according to an analysis.

The Washington Post reported on May 17 that it reviewed about 300 senior administration officials and nominees and found roughly 70 had disclosed investments in cryptocurrencies or companies tied to blockchain. That represents more than 20% of those surveyed.

The disclosed crypto-related holdings totaled at least $193 million.

Trump himself disclosed at least $51 million in digital assets, the report said. Vice President JD Vance and several Cabinet-level officials also reported holdings in Bitcoin and other crypto-related investments.

The Washington Post said no Cabinet officials under former President Joe Biden had disclosed digital-asset holdings. It added that the Trump administration may be the most crypto-friendly administration in US history.

Suehyeon Lee

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
hot_people_entry_banner in news detail bottom articleshot_people_entry_banner in news detail mobile bottom articles
What did you think of the article you just read?