Mick Mulvaney, who worked under former US President Donald Trump, said the crypto industry had developed “professional operations” for lobbying in DC.
Mick Mulvaney, who served as acting White House Chief of Staff under Donald Trump, called crypto an industry that “breaks the mold” of United States politics because it appealed to Democrats and Republicans.
In an Oct. 23 interview on NewsNation — where he works as a contributor — Mulvaney said crypto “doesn’t fit neatly into the old Republican, Democrat sort of silos,” crossing the political aisle. The former Trump chief of staff implied that it was “part of the process” for lawmakers to “realign” their interests to come to terms with new industries.
“It is a new industry, it’s starting to mature a little bit — not much,” said Mulvaney on crypto companies. “I remember about four years ago when I was doing this: their effort in DC was effectively people sitting in their basements writing nasty letters to their lawmakers. Now, they have professional operations.”
