Trump Family Invests Big in Crypto Amid Controversy

Vice President JD Vance is speaking at a bitcoin conference in Las Vegas, where his family’s business is heavily invested. The event comes on the heels of a $1 million donation required per attendee at a fundraiser last night. The Trump family has been boosters of cryptocurrency and have made significant investments, including unveiling a memecoin called $TRUMP.

President Donald Trump and Tesla billionaire Elon Musk are reportedly splitting over the “One Big, Beautiful Bill Act”, a trillion-dollar budget bill that passed in the House. Musk expressed his disappointment with the bill, citing concerns about increasing the federal deficit. The White House has adopted cryptocurrency as an ally, with Vance stating it “finally has a champion” in the administration.

However, controversy surrounding Trump’s use of clemency continues, with recent pardons sparking outrage. Health and Human Services Secretary Robert F. Kennedy Jr. also announced that the CDC removed COVID-19 vaccine from recommended shots for pregnant women and healthy children. The administration is cracking down on foreign students, revoking thousands’ permission to study in the US.

The Trump family’s investments in cryptocurrency have raised questions about their priorities and potential conflicts of interest. As the White House continues to explore crypto as an ally, it remains to be seen how these developments will shape policy and governance.

Source: https://www.usnews.com/news/national-news/articles/2025-05-28/midday-must-reads-bitcoins-big-boosters-new-covid-shot-guidance-and-more