"Frankly I don't even have a problem"
"I think if you go to D.C., there's a lot of buildings that need to be updated, and so if private industry has to do that, it is what it is."
"the specifics of it, we we weren't aware of."
"Don Fox, former acting director of the U.S. Office of Government Ethics, told Axios' Avery Lotz that events such as the dinner have a "potential coercive effect on people to donate," noting, "one of the president's favorite words is retribution." Richard Briffault, a Columbia Law professor, said it fosters "a favorable atmosphere of gratitude and reciprocity." When "there's personal solicitation and personal response," he added, "that just increases the likelihood that there'll be the give and take.""
Coinbase made a donation to the Trust for the National Mall to support the White House ballroom renovation. A question whether the donation was intended "to keep good relations with the White House" received the response "sure." Choi said she did not have a problem with the donation and argued that many D.C. buildings need updating and private industry helping is inevitable. The Trust for the National Mall is accepting and managing donations, and the White House released a list of 37 donors including major tech and defense firms. A $24.5 million YouTube settlement will also support the ballroom. Ethics experts warned the donations and a donor thank-you dinner could create coercive pressure and foster expectations of reciprocity.
Read at Axios
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