Rep. Ro Khanna is hosting a roundtable meeting of crypto industry experts and enthusiasts in an attempt to stave off a bid by Donald Trump who has embraced the industry.
Ro Khanna wants to save the $2 trillion crypto industry from a Trump takeover. The congressman, a progressive Democrat who represents a district that includes the crypto-friendly confines of Silicon Valley, has been reaching out to top people in the digital asset industry, as well as Democratic lawmakers and White House officials, inviting them to an exclusive roundtable meeting in the nation’s capital next week, FOX Business has learned.
He was one of 71 Democrats in the House of Representatives who voted to pass the Financial Innovation and Technology for the 21st Century Act, also known as the FIT21 bill, to establish regulatory clarity for the digital asset industry.
But the meeting comes amid major turmoil in the Democratic Party following Biden's disastrous debate performance last Thursday and calls inside the party for him to step aside from running in the November election. Because of this upheaval, it is unclear whether Zients will attend the meeting, these people say. White House advisor Carole Hause, who previously served as Director of Cybersecurity and Secure Digital Innovation on Biden's National Security Council, is said to be attending.
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