A longtime democrat strategist that managed the presidential campaign of Barack Obama in 2008 and advised Kamala Harris“ The offer of the White House 2024 announced Thursday that it joined the World Advisory Council of the Crypto Coinbase Crypto exchange, which donated $ 1 million to the inaugural fund of President Donald Trump and recently benefited from his administration of his administration decision To abandon significant legal action against society.
David Plouffe “worked a lot in technology”, including at Uber and the Binance Crypto Exchange, Politicoreported Thursday, noting that he arrives in Coinbase “a few months after the advisory council added the former senator. Kyrsten Sinema From Arizona – A Democrat has become independent – and Chris Lacivita, who was director of Trump co -campaign in 2024. “
“Among the accusations of Plouffe, will be to alleviate the informed voters who clashed towards the Democrats at the time of Obama, but who have moved to the right in recent years” Politico reported. “This is another decision intended to strengthen bipartite skills titles of the greatest exchange of cryptocurrency based in the United States while it is pressure for a wider membership after the Republicans and the President Donald Trump open their arms to industry and many of its political objectives. “”
“There is a crypto-skeptic anti-corruption wing of the Democratic Party and a crypto-embracing, corruption is a matter as usual.”
The progressives argued that Plouffe’s decision to play a role in Coinbase underlines the toxicity of the rotating door between the class of political consultants and American companies, in particular the technological sector.
“Democratic campaigns must start treating business shills like Plouffe as persona non grata”, ” supported Jonathan Cohn, political director of the progressive mass. “They weaken campaign messaging, erod the public confidence and consider the campaigns only as gratification exercises.”
Jeff Hauser, founder and executive director of the Rotating door projectAsked: “Doesn’t that make a good point on which wing of the Democratic Party lost against Trump?”
“There is a crypto-skeptic anti-corruption wing of the Democratic Party and a crypto-embracing, corruption is a matter as usual”, Hauser wrote on social networks.
Matt Duss, Executive Vice-President of the Center for International Policy and former senator advisor Bernie Sanders (I-vt.), Replied rhetorically to the news of Plouffe joining Coinbase, writing“Why are people cynical on politics.”
Coinbase sprang in a statement that the addition of Plouffe to its advisory council “arrives at a moment of historical momentum for the cryptography industry”, which large past During the 2024 elections and continues to put pressure on the federal government aggressively for a favorable regulatory policy.
CEO of Coinbase, Brian Armstrong, expressed his support for the so-called GeniusCryptographic legislation which, according to criticism, is riddled with escapes adapted to industry. With bipartite support, the Senate vote Wednesday to advance a revised version of the bill.
Senator Elizabeth Warren (D-MASS.), A frank opponent of the legislation, said in the soil remarks on Wednesday that “industry is the driving force of the law on engineering”, a legislation which could provide a personal winding to Trump and his family.
“Thanks to his cryptographic companies, President Trump has created an effective means of negotiating presidential favors such as pricing exemptions, pardons and governmental appointments for hundreds of millions – perhaps billions – dollars of foreign governments, billionaires and large companies,” said Warren. “It is the greatest scandal of corruption in American history and, by adopting the law on genius, the Senate is on the verge of not only blessed this corruption, but to actively facilitate its expansion.”