Vance, Sacks Lead Trump Crypto Push; Warren Criticized

Vice President JD Vance and White House crypto czar David Sacks have positioned the Trump administration as strong advocates for cryptocurrency, pledging to remove regulatory barriers and advance legislation like the GENIUS Act and new stablecoin rules. Vance emphasized at the Bitcoin Conference that crypto serves as a hedge against inflation and centralization. Sacks has accused Senator Elizabeth Warren of driving restrictive crypto policy under President Biden, alleging she holds significant sway and a strong anti-crypto stance. The Biden administration's use of autopen for document signing has sparked controversy, with Republicans questioning Warren's influence and President Biden's fitness. Warren continues to criticize crypto and has raised concerns over Sacks' potential conflicts of interest, though he has received an ethics waiver from the Trump administration. The political clash over cryptocurrency is escalating, with both camps accusing each other of harming innovation or ethical norms.