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© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Crypto comes to Washington. Will the millions buy influence?
By BRIAN SLODYSKO and FATIMA HUSSEIN WASHINGTON©2024 GPlusMedia Inc.
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dagon
American Dream Federal Action, a super PAC financed by a cryptocurrency CEO, saturated the district with ads promoting Houchin as a “Trump Tough” conservative who would “stop the socialists in Washington.”
I remember in the 2016 campaign Trump accused Hilary of being beholden to Wall Street in his populist appeal and promised to get their influence out of politics. That never happened of course.
Big crypto probably already has an influence on politics, like other finance.
The alternative is repealing the Citizens United ruling and getting big corporate money out of politics again.
GBR48
The US seems to be one of the easiest places on the planet to buy political leverage. They need to regulate political advertising and political funding if their system of government is to ever be seen as even vaguely reputable.