Silicon Valley's influence on US policy has shifted from the Obama administration to the Trump era. Tech and crypto leaders such as Mark Zuckerberg, Jeff Bezos, Tim Cook, and Sundar Pichai initially supported Obama and his tech-friendly policies. However, after the 2016 election, their ties with Washington began to shift. Elon Musk has emerged as a key figure in Trump's inner circle, driving policy changes on artificial intelligence, crypto, and immigration. Under Trump, Silicon Valley's impact in Washington increased, with changes in leadership at the Securities and Exchange Commission aligning more with crypto interests. Several prominent figures in Silicon Valley now back Trump, seeing his administration as more favorable to their business interests. They have entrenched themselves in US governance and championed reforms.
Content Editor ( coinedition.com )
- 2025-02-13
Silicon Valley Power Shifts U.S. Policy Under Trump, Sparking New Alliances
