Close Menu
CryptoAINews
  • Home
  • Cryptocurrency
  • Bitcoin News
  • Crypto Mining
  • Ethereum
  • Altcoins
  • Crypto Market Trends
  • Blockchain
  • Sponsored
  • Live Markets
  • Top Coins
Trending
  • DOGE’s New Value Cycle: Political Traffic Potential Explored
  • Here’s When It’ll Be Time To Flip Cautious on Crypto Markets, According to Analyst Jason Pizzino
  • Analyst Tells Investors To Be Patient As Solana Price Hits Resistance
  • VanEck to compete with BlackRock in tokenized US Treasuries race, launching on Ethereum, BNB, Solana, Avalanche
  • Key Bitcoin indicator flashes again — Will BTC rally to new highs?
  • Is Dogecoin Poised for Another 50% Surge? (Analyst)
  • 12 Bitcoin ETF Outflows Hit $96M as Market Dips
  • Three Best Wallets for Toncoin (TON) and How to Earn TON on 2Miners Pool
  • Live Markets
  • Top Coins
  • Newsletter
CryptoAINews
  • Home
  • Cryptocurrency
  • Bitcoin News
  • Crypto Mining
  • Altcoins
  • Ethereum
  • More
    • Crypto Market Trends
    • Blockchain
  • Sponsored
CryptoAINews
Home » Cryptocurrency » How the White House Sidelined Lobbyist (Report)
DonaldJTrump min
Cryptocurrency

How the White House Sidelined Lobbyist (Report)

CryptoAINewsBy CryptoAINewsMay 11, 2025No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

In early March, a Fact Social submit by President Donald Trump selling a “Crypto Strategic Reserve” went viral in america.

Nevertheless, inside hours of its going up, the submit backfired on one in every of Washington, D.C.’s most well-connected lobbyists, Brian Ballard.

Fact Social Publish Drama

Based on a report from Politico, the thought for the submit got here from a employees member at Ballard’s lobbying agency who had spoken to Trump a number of occasions throughout a weekend donor occasion at Mar-a-Lago. She allegedly urged the president to again the crypto trade publicly and even advised the language he would use.

Unknown to Trump on the time, Ripple, whose native XRP token was mentioned within the message, was a consumer of Ballard’s agency. CEO Brad Garlinghouse has made no secret of his want to see XRP included in a proposed digital asset reserve.

As soon as the President realized of the connection, he was livid. “He isn’t welcome in something anymore,” Trump reportedly instructed White Home associates later that month, referring to Ballard.

Consequently, employees had been allegedly quietly directed to keep away from conferences with him, successfully freezing him out of the West Wing.

Since Trump’s return to energy, Ballard Companions has gained 130 new prospects. The agency earned $14 million within the first three months of 2025, greater than 3 times what it made in the identical interval final yr.

Nevertheless, some folks in Trump’s circle now imagine the affect peddler has gone too far. Based on Politico, they suppose he makes use of his previous ties to the President and his workforce to get extra shoppers, though these relationships is probably not as shut as he claims.

“One method to get your self within the doghouse is for the President to suppose you’re buying and selling on his title,” one Trump ally instructed the media outlet, including that the lobbyist overstates his “significance and worth.”

Ballard Denies Accusations

In a press release to the media outlet, the 65-year-old rejected the criticisms and denied that he has been sidelined. “I’ve by no means touted my relationships with folks within the West Wing to attempt to win shoppers,” he famous.

Concerning the Fact Social incident, somebody from his workforce stated they by no means tried to trick Trump with the message. Regardless of this, the scenario appears to have brought on Ballard some bother along with his enterprise. A couple of of his shoppers have reportedly begun looking for various routes to realize entry to the President and his advisers.

After opening his Washington workplace in 2017, Ballard rapidly turned one of many metropolis’s most profitable lobbyists. He’s a well known determine in Trump’s world, having helped increase tens of thousands and thousands of {dollars} for the politician’s campaigns.

He additionally used to characterize the Trump Group, and his agency additionally employed two of the President’s shut allies, Susie Wiles and Pam Bondi.

SPECIAL OFFER (Sponsored)

Binance Free $600 (CryptoPotato Unique): Use this link to register a brand new account and obtain $600 unique welcome supply on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE place on any coin!



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
CryptoAINews
  • Website

Related Posts

Is Dogecoin Poised for Another 50% Surge? (Analyst)

May 14, 2025

Mobius Exploited for $2.1M While Scammers Breach Ledger’s Social Media 

May 12, 2025

Gate.io Publishes Latest Proof of Reserves Report with $10.865 Billion in Verified Assets

May 9, 2025

Why Is Pi Network’s Price Up Today?

May 8, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Dogecoin’s downward spiral – Can whale accumulation save the memecoin’s price?

March 30, 2025

The Future of Interoperable Financial Apps

March 12, 2025

From USDT Powerhouse to DeFi Hub in 2024 (CryptoQuant)

February 9, 2025

Crypto Leaders Meet Trump at White House

March 7, 2025

Ethereum Price Consolidates at Support—Will It Fuel the Next Move?

February 12, 2025
Categories
  • Advertise
  • Altcoins
  • Bitcoin News
  • Blockchain
  • Crypto Market Trends
  • Crypto Mining
  • Cryptocurrency
  • Ethereum
  • Sponsored
About us

Welcome to CryptoAInews.ai, your go-to destination for the latest and most comprehensive insights into the dynamic world of cryptocurrency and blockchain technology.

At CryptoAInews.ai, we are passionate about keeping you informed on all things crypto. From breaking news and market trends to in-depth analysis and expert commentary, our goal is to deliver accurate, reliable, and up-to-date information to empower you in this fast-evolving digital landscape.

We understand that the crypto market is complex and ever-changing. That’s why we strive to present content that is not only informative but also easy to understand, whether you’re a seasoned investor or a newcomer exploring the crypto universe.

Top Insights

DOGE’s New Value Cycle: Political Traffic Potential Explored

May 14, 2025

Here’s When It’ll Be Time To Flip Cautious on Crypto Markets, According to Analyst Jason Pizzino

May 14, 2025

Analyst Tells Investors To Be Patient As Solana Price Hits Resistance

May 14, 2025
Categories
  • Advertise
  • Altcoins
  • Bitcoin News
  • Blockchain
  • Crypto Market Trends
  • Crypto Mining
  • Cryptocurrency
  • Ethereum
  • Sponsored
  • Privacy Policy
  • Disclaimer
  • Terms and Conditions
  • About us
  • Contact us
Copyright © 2025 Cryptoainews.ai All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.