Rep. Jake Auchincloss (D-MA) vocally condemned President Donald Trump's focus on meme cryptocurrencies instead of pressing economic issues. During an interview on Fox News, Auchincloss expressed concern over the uncertainty impacting local businesses, noting that they often cite this unpredictability as detrimental to their operations. He criticized the administration's tariff policies and suggested that Trump's close ties to crypto investors reflect poor governance. Auchincloss emphasized the need for strong economic leadership, asserting that the current administrationâs priorities risk pushing the economy toward recession, thus harming the livelihoods of Americans.
I was a Marine before I was a congressman. I want a strong economy regardless of who is in the White House. But this president seems more interested in the valuation of his meme coin than in people's retirement accounts.
Every local chamber of commerce, every small business owner I speak with mentions one thing consistently: uncertainty. Uncertainty is toxic for businesses, and that's exactly what we're seeing from this administration.
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