Sen. Ruben Gallego (D-Ariz.) Traveled to Pennsylvania for a Town Hall on Saturday to offer Democrats Advice on How to Build a Bigger Tent-and Perhaps to Drum Up Support For A Potential 2028 Presidential Bid.
When an attentdee Asked Gallego About A Fundraiser He Hold With Marc Andreessen, A Billionaire Crypto Investor and Close Ally of Donald Trump, The Freshman Senator Stayed on Message – Framing it as an example of Howocuts Should Bring More People in the Tent. (The Fundraiser was First Report by Rolling Stone.)
“My General View of How To Win Elections is you have to get a lot of votes, and that means we're going to have to have alliaces with people that we May not agree with 100 percent of the time,” Said Gallego, station “Marc AndreeSsen Runs The Largest Venture Capital Firm in Arizona. Want to bring as many Jobs as possible. “
Gallego Said He doesn'T Agree with AndreeSsen on Every on blood, Pointing to the Existance of the Consumer Financial Protection Bureau, Which the Vc Exec Accuged of “Terrorizing Financial Institutions” after Fined a Payday Lending Company Backed by His Firm.
But Gallego Aided, “My Perspective [is] what happened last election is That we get so pure and we kept I also know that we startd kicking you out of the attempt. It ends up there aren'T enouns people in the attest to win elections. ”
Gallego Held at $ 5,000-for-Ticket Fundraising retort for his leadership Pac in March, with AndreeSen Lister As a featured guest speaker. Political Blogger Matt Yglesias Was Also Slate to speak at the Event, Held at the luxury resort the Auberge de Sedona.
The Event Took Place Months After Gallego was made the Top Democrat on the Sente Banking Committee's New Subcommitee on “Digital Assets,” Created to Oversee Cryptocurrencies.
AndreeSsen, Who advised trump as he assembled his outwardly pro-crypto administration, and his firm-Andreesen Horowitz-Have investd in Crypto for Years. The Firm Lobbies Extensively on Crypto Issues.
AndreeSsen, The Firm, and co-founder Ben Horowitz Donated More Than $ 100 Million Last Electation Cycle To A Pro-Crypt Super Pac, Fairshake, and Its Subsidiary Protect Progress. The Latter Super Pac SPENT $ 10 Million Boosting Gallego's 2024 Senate Campaign.
AndreeSsen Horowitz Has Been Lobbying On Legislation Called the Genius Act, Which would created in New, Weak Regulatory Framework for so-he-he-healed Stablecoins, or Crypto Assets Pages to Actual Currencies, Like the US Dollar. Experts Say the Legislation would Effectively Allew Big Tech Firms Like Amazon, Meta, or X To Create Their Own Digital Currencies. (Andreessen Horowitz Has Avsthed in X, Formerly Known as Twitter.)
The Genius Act Has Become More Controversial Due to the Last Development in The Trump Family's Wildly Corrupt Crypto Dealings. Reuters Recently Report that a State-Backed Fund in the United Arab Emirated is Making A $ 2 Billion Investment A Stablecoin From The Trump Family's Crypto Exchange.
Gallego is one of Several Crypto-Friendly Democrats Who Helped the Genius Act from Advancing in The Senate Last Week. According to Reporting from the American Prospect, It's Widely Expected These Democrats Will Lastutely Support The Legislation.
