Crypto movement in Trump’s first 100 days: ‘Personnel is policy’
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.
FDR had an eventful first 100 days after promising various reforms to combat effects of the Great Depression.
We’re in no way comparing Franklin to Donald, but we’ll keep up the political watchdog tradition of recapping a president’s initial actions within such a timeframe (and we’ll focus on crypto).
Clearly the president’s rhetoric and tariff policies have spurred market shocks that have impacted crypto prices.
But which actions and appointments have had/are set to have a longer-term impact on the asset class? And what’s left on the agenda? Here goes.
First came the controversial TRUMP memecoin. Then, it took just…
