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Assembly Required with Stacey Abrams

Trump’s Crypto Presidency: What It Means For You

Assembly Required with Stacey Abrams

Crooked Media

Society & Culture

4.81.1K Ratings

🗓️ 27 February 2025

⏱️ 60 minutes

🧾️ Download transcript

Summary

President Trump’s affinity for crypto currency has emerged as another vehicle for profit and peddling influence. On today’s episode, we break down the basics of crypto and how the industry infiltrated Trump's world, unpacks the ways this administration is creating a friendly environment for this unregulated market in ways that might impact our economy more broadly, and questions its ethics. Stacey is joined by Zeke Faux, investigative reporter for Bloomberg Businessweek, and Annie Lowrey, staff writer at The Atlantic, to explore the good, the bad, and the gray areas of digital currency. Learn & Do More: · If you want to learn more about cryptocurrency and its newly entwined relationship with our government, check out both Annie and Zeke’s work at Bloomberg and The Atlantic. · If you are considering, or know someone else who is thinking of investing in cryptocurrency or other high-risk assets, prioritize safety. Invest in what you understand—avoid following trends blindly. Always research companies, funds, or assets before committing your money—and encourage other people in your life, especially those who may be most vulnerable to financial losses, to do the same. · Start asking questions of your elected officials. Since we’re showing up in their inboxes and at their town halls, put them to the test. Ask about their positions on crypto and pay attention to how they respond. We have a number of urgent issues, but truly can’t afford to let this one escape our attention or theirs.

Transcript

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0:00.0

Assembly Required with Stacey Abrams is brought to you by bookshop.org.

0:04.8

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there is no limit to what I can find at bookshop.org. And right now, for no particular reason,

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When you purchase from bookshop.org, you're supporting more than 2,000 local independent bookstores across the country, ensuring they'll continue to foster culture, curiosity, and

0:49.3

a love of reading for generations to come. And there's exciting news.

0:55.1

Bookshop.org has launched an e-book app.

0:58.1

You can now support local independent bookstores

1:00.4

even when you read digitally.

1:03.3

Use code Stacey to get 10% off your next order

1:06.2

at bookshop.org.

1:07.6

That's C-Stacea-C-E-Y at bookshop.org. That's code Stacey, S-T-A-C-E-Y, at bookshop.org.

1:20.7

Welcome to Assembly Required with Stacey Abrams. I'm your host, Stacey Abrams.

1:25.7

Before we start today, I wanted to do something.

1:28.6

I want to say thank you.

1:30.4

Thank you for believing that the individual actions that we can take that sometimes feel too small for the moment can actually work.

1:39.9

Across this country, more and more of us are reclaiming the fact that the government is supposed to work for us.

1:46.6

From the mail carrier to the National Park Custodian to members of Congress and yes, to the people in the White House, they work for us.

1:57.0

And your commitment to calling, to emailing, to showing up is making a difference.

2:03.9

Of course, a handful of awkward town halls will not stop this wholesale assault on our national

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