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Cryptocurrency News Articles
JEN PSAKI: I have noticed the White House briefing room has taken a bit of a bizarro turn lately
May 11, 2025 at 02:10 am
input: JEN PSAKI: I have noticed the White House briefing room has taken a bit of a bizarro turn lately. And I figured, what the hell, it's a Friday night
"I have noticed the White House briefing room has taken a bit of a bizarro turn lately. And I figured, what the hell, it’s Friday night. Why not dust off the cobwebs and field a few questions from the White House press briefing room today? Because it’s been a while.
Of course, I’m going to answer them without the usual MAGA spin. So we got a few, they’re actual questions from today. And we’re going to start with Andrew Eggers from the Bulwark. All right, Andrew, let’s hear what you got.
REPORTER: The president posted another ad this week for his Trump meme coin. The group that’s running that coin is encouraging people to buy in order to win a dinner this month with the president.
Why is the president planning to attend a dinner for the top investors in his coin?
JEN PSAKI: I love that he was reading it.
Well, Andrew, here’s the thing. This is all about the grift. Selling access to make himself and his adult sons richer is a key part of this presidency.
And guess what? It’s working. I mean, since that dinner you mentioned was announced, the surge of trading has brought in more than $1 million in fees for Trump, his family and all their partners.
They’ve all netted more than 320 million dollars since Trump’s coin debuted in January. So that’s why he’s planning to attend the dinner, the money for himself.
It’s pretty, that’s a pretty easy one. Okay, we’re gonna take another one. Jacqui Heinrich from Fox News.
REPORTER: Why did the White House announce this deal with the UK before all of the details were finished?
Oh, Jacqui. Well, the announcement and the headlines it generates are pretty much the point. The details are kind of secondary.
I mean, Trump gets to put on a show in the Oval Office and pretend like he’s achieved a monumental victory. The deal is just a bit of an empty shell.
I mean you could, I guess, call it a framework, which is sort of generous, or agreement to negotiate more than anything else. But the 10% tariff on goods remains in place. And there are big remaining questions, huge ones, like any UK tax on digital services for the US, something that would have huge effects on American tech companies. And there were many more.
Okay, next question. Stephen Nelson from the New York Post.
REPORTER: On New York, the mayor, Eric Adams, is here today. Can you tell us anything more about the visit, who initiated it, what they’re talking about?
JEN PSAKI: I would just note this reporter once asked me if the Bidens were going to put their dog down.
But that aside, here’s the answer to that question. Eric Adams is visiting because he owes his current freedom to the guy sitting in the White House. Let’s stop pretending this is on the level, like where the relationship is between a president and a New York City mayor just coordinating city business in a normal course of events. I mean, even the judge who allowed the case to be dropped said that it, quote, smacks of a bargain.
Okay, we’ve got time, we’re having fun here. How about Nicole Killian from CBS News?
REPORTER: Can you just clarify the president’s position a little bit specifically on the tax issue? Because in his Truth Social post he said this morning that he would accept even a tiny tax increase for the rich, but then says Republicans probably shouldn’लगभगतर
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- The meme coin battleground is more competitive than ever in 2025, with PEPE, BONK, and the rising FloppyPepe (FPPE) capturing investor attention.
- May 11, 2025 at 09:50 am
- While PEPE and BONK bring community heat and viral fame, FloppyPepe (FPPE) adds something new to the meme coin equation: real utility powered by AI.