WH Press Secretary: Administration Monitoring Crypto

11638211 - the white house in washington d.c. at the night

 

In Thursday’s White House press briefing, Fox News' Washington Correspondent Blake Burman asked Press Secretary Sarah Sanders about President Donald J. Trump’s awareness of Bitcoin's dramatic increase in value, and his thoughts on possible regulatory action from the government:

“Sarah, we often hear the President -- or see the President talk about the stock market. We haven't yet heard from him, though, on a separate but similar issue, which is cryptocurrency. Has the President been following this at all -- Bitcoin specifically, the major run-up in it? Does he have an opinion on it? Does he feel or does the administration feel that this is now something that needs to be regulated by the government?”

Sanders responded by confirming that the cryptocurrency markets are being “monitored” by the administration, but also suggested that she had no specific information or announcements to share with the press at this time. A follow-up question asked her to clarify the type of monitoring that was being used, and Sanders replied:

“Look, this is an issue, I know, that Tom Bossert, with the homeland security team, an advisor to the President, has brought this up in a meeting earlier this week. I know it's something that he's keeping an eye on. And we'll keep you posted when we have anything further on it.”

The views expressed by the authors on this site do not necessarily represent the views of DCEBrief or the management team.

Author: Ken Chase

Freelance writer whose interests include topics ranging from technology and finance to politics, fitness, and all things canine. Aspiring polymath, semi-professional skeptic, and passionate advocate for the judicious use of the Oxford comma.

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