Dave Portnoy, founder of Barstool Sports, disclosed that he was approached to join the Trump administration's Department of Commerce. During an interview with Fox Business, he revealed that the invitation came with a stipulation that he would have to step back from Barstool. While discussing other matters, including Elon Musk's involvement with cryptocurrency, Portnoy expressed concerns over Tesla's stock performance and the importance of government focus on crypto initiatives. Portnoy stated his overall satisfaction with Trump's early actions in office, despite criticizing the handling of certain issues.
I got asked to be [Secretary of Commerce for Trump's department]. They asked me that and they said a condition would be I can't run Barstool Sports.
I do think it's a very fair question to ask [Musk], what are you doing for Tesla?
I think the administration should be more focused on crypto as it was a large part of the campaign.
Overall, he's doing what he said he's going to do.
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