David Urban, a CNN analyst and former aide to Trump, expressed disapproval of President Trump's gala for investors in the $TRUMP meme coin, calling it a distraction. Urban, typically a Trump supporter, stated his opposition to political figures profiting from market activities and highlighted concerns over Trump welcoming controversial figures like Justin Sun. He emphasized that such events divert attention from pressing legislative issues, implying that Trump's engagement in crypto may not be prudent or appropriate given the current political climate.
Erica, I don't like it, right? I don't like it at all. I don't like when members of Congress benefit off their trades. I don't think, you know, political figures, whether you're president of the United States, or a House member or Senate staffer should be, you know, benefiting off the markets.
I think it's a major distraction from real legislation that's being taken, you know, taken up in the Senate and moving forward. So, no, I think it's a distraction.
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