Trump Taps Crypto-Friendly J.D. Vance as 2024 Running Mate
Former President Donald Trump has selected Ohio Senator J.D. Vance as his choice for his vice-presidential running mate for the 2024 election. The announcement comes at the start of the GOP's National Convention and on the heels of an assassination attempt on Trump over the weekend.
What's the scoop?
- Trump chose Vance after considering a dozen potential running mates, with the decision expected to be ratified at this week’s Republican National Convention event.
- Sen. Vance, a Marine Corps veteran and former venture capitalist, transitioned from a Trump critic to a staunch supporter in recent years. His selection underscores his potential to attract Rust Belt voters.
- With the pick, Sen. Vance, who is about to turn 40, is now seemingly the heir apparent of the next generation of Republican leadership.
Bankless take:
It’s too early to tell how Sen. Vance’s selection will impact the ongoing presidential race. That said, the senator is a bitcoin holder, a Gary Gensler critic, and has recently floated draft legislation of a pro-crypto regulation bill. From these points, we can safely assume that he would go on to be a supportive voice on crypto matters in the White House if Trump does win reelection later this year.
JD Vance is Trump's VP pick and the likely next Vice President.
— RYAN SΞAN ADAMS - rsa.eth 🦄 (@RyanSAdams) July 15, 2024
He strongly supports crypto.
He voted for SAB121 repeal.
He's a holder - owned $250k bitcoin 2022 - likely more now.
He's slammed gensler in open letters.
Further evidence that Trump white house is pro-crypto. pic.twitter.com/lfbytKYII4