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The Playbook Podcast

May 28, 2025: Trump’s big crypto play

The Playbook Podcast

POLITICO

Politics, Government, Daily News, News

3.9699 Ratings

🗓️ 28 May 2025

⏱️ 12 minutes

🧾️ Download transcript

Summary

Even as President Donald Trump himself has a (relatively) quiet couple days, the gears of his administration continue to turn, and the pairing of his political and personal interests continues, brazenly and in the public. Today, Vice President JD Vance will deliver the keynote address at the Bitcoin 2025 Conference in Las Vegas. A few hours later, Eric and Donald Trump Jr. will speak at the same event, which comes just one day after Trump’s media company announced it intends to raise billions to stockpile Bitcoin for its corporate coffers. Chief Playbook correspondent Dasha Burns joins managing editor and author Jack Blanchard to talk through that, the president’s latest social media output, some notable 2026 maneuvering and an exciting announcement from Dasha.

Transcript

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0:00.0

Presented by BP.

0:08.2

Hello, I'm Jack Blanchard.

0:10.0

And I'm Dasha Burns.

0:11.3

And it is Wednesday, May the 28th, and this is the Playbook podcast.

0:15.5

Let's preview the three stories that are driving the day, Dasha.

0:18.6

The first one is not in D.C. excitingly, but

0:21.3

all the way over in Las Vegas of all places. J.D. Vance is taking this rather quiet week

0:27.5

to head over to the Bitcoin 2025 conference in Vegas. Go party in Vegas with the Crypto Bros.

0:35.2

Come on. Nothing much going on out of here. Both Donald Trump's

0:38.4

eldest sons are going to be there as well, speaking to the crypto bros. I find this fascinating

0:43.1

that they're all over there, bigging up crypto in this way when we know how invested the Trump

0:48.7

family is now in crypto or seems to be getting or its associates anyway. Should we be surprised

0:52.9

to see this happening?

1:00.8

No. And there are a number of fascinating aspects here. There is what a lot of experts are looking into when it comes to the potential grift factor, right? There's been a lot of criticism of like,

1:05.9

who is benefiting from this? Is it okay? And it is in such a gray area. It's such a wild, wild west of finance.

1:14.0

But there's also the MAGA super PAC piece of this, which is also wild because Trump isn't

1:21.5

running for office right now. Normally, these super PACs are set up to fundraise for a candidate. Trump is not a candidate anymore,

1:29.7

but this has become a fundraising juggernaut. I mean, like, they're charging like a million

1:33.6

dollars per person for these events that they're holding. So they're banking a ton of money and

1:38.2

what does that mean and where is that going? And then there's just the crypto piece of it,

1:43.3

period.

1:53.2

This is something that I don't think that folks in Washington should underestimate of what a juggernaut of a cultural movement it is.

...

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