-
Former
President
Donald
Trump
only
devoted
a
brief
moment
to
crypto
in
an
otherwise
lengthy
economic
address
on
his
intentions
for
the
U.S.
economy
in
a
second
Trump
term. -
Trump
repeated
his
promise
to
make
the
U.S.
the
world
capital
for
crypto.
Donald
Trump
reiterated
his
promise
to
make
the
U.S.
the
crypto
capital
of
the
world
if
re-elected
president
during
public
remarks
Thursday,
though
digital
assets
only
received
brief
mention
in
his
wide-ranging
speech
about
his
economic
agenda.
“Instead
of
attacking
industries
of
the
future,
we
will
embrace
them,
including
making
America
the
world
capital
for
crypto
and
Bitcoin,”
Trump
told
the
audience
at
an
Economic
Club
of
New
York
gathering.
“I
will
launch
a
historic
campaign
to
liberate
our
economy
from
crippling
regulation,”
Trump
said.
“I’m
pledging
today
that
in
my
second
term,
we
will
eliminate
a
minimum
of
tenfold
regulations
for
every
one
new
regulation.”
Trump
added
that,
if
elected,
he
will
immediately
issue
a
national
emergency
declaration
to
increase
domestic
energy
production,
citing
the
need
for
increased
electricity
to
continue
growing
the
artificial
intelligence
sector
and
keep
the
U.S.
tech
industry
competitive
with
China.
“With
these
sweeping
authorities,
we
will
blast
through
every
bureaucratic
hurdle
to
issue
rapid
approvals
for
new
drilling,
new
pipelines,
new
refineries,
new
power
plants,
new
electric
plants
and
reactors
of
all
types.
Prices
will
fall
immediately
in
anticipation
of
this
tremendous
supply
that
we
can
create
rather
quickly,
and
we
will
be
the
leader
instead
of
the
laggard,”
Trump
said.
Trump
also
said
he
will
take
Elon
Musk
up
on
his
suggestion
to
create
a
government
efficiency
commission
tasked
with
auditing
the
federal
government’s
spending
and
ferreting
out
waste
–
as
well
as
his
offer
to
lead
it,
joking
that
the
owner
of
X
(formerly
Twitter)
and
CEO
of
Tesla
was
“not
busy.”
