BlockBeats News, May 17th. The Washington Post published a feature article pointing out that nearly 70 senior officials and nominees in the Trump administration (over 20%) have held cryptocurrency or blockchain-related investments, with the lowest disclosed value reaching $193 million. Among them, Trump himself holds at least $51 million, Vice President Pence and several cabinet members also hold positions worth millions of dollars.

The article notes that this marks a "historic reversal" for the crypto industry: many tech/crypto industry insiders have entered the government, leading to a more relaxed regulatory environment (such as the SEC pausing lawsuits, promoting Bitcoin strategic reserves, and stablecoin legislation). This sharply contrasts with the Biden era, but critics are concerned about potential conflicts of interest and ethical issues.