Trump Dives into Midterm Election with Crypto and AI Stakes on the Line
President Donald Trump has inserted himself into the midterm election conversation, potentially impacting crypto and AI regulation. With his $400 million MAGA Inc. super PAC war chest at his disposal, Trump is set to join the Republican fight to retain Congress majority.
The biggest financiers of this election cycle have their futures directly tied to the outcome. The crypto industry needs a Republican majority Congress to pass the CLARITY Act and favorable rulemaking from the SEC and CFTC.
Trump's first stop on the campaign trail is a rally in Myrtle Beach for Sen. Darline Graham, which is considered a layup for Republicans. One GOP operative noted that Trump has the ability to 'move the needle' in favor of vulnerable Republicans.