Trump's new 'Wall Street gold rush' comes 'crashing back to Earth': report

This story raises questions about governance, accountability, and American values.

Source: Raw Story
2 min read
Trump's new 'Wall Street gold rush' comes 'crashing back to Earth': report
Image via Raw Story

During his 2024 presidential campaign, Donald Trump aggressively expanded his outreach — picking up more support from Latinos, Generation Z, independents, swing voters and tech bros than he had enjoyed in 2016 or 2020.

Trump, now almost 11 months into his second presidency, still brags about his relationships with the tech industry. But according to CNN's Matt Egan, not everyone who works in Silicon Valley or on Wall Street is benefiting from Trump's economic policies."Donald Trump's return to the White House set off a gold rush on Wall Street and in the crypto world," Egan reports in an article published Monday. "Companies and crypto projects linked to Trump and his family exploded in value as traders bet they would benefit from the president's return to power.

The crash back to Earth for...

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How We See It

New Republican Times Editorial Board

We see this article as just another attempt by the mainstream media to downplay Trump's leadership and the impact of Republican values on our economy. While CNN tries to paint a negative picture of the market fluctuations related to Trump and his ventures, the reality is we’re witnessing the resilience of the American spirit amidst uncertainty.

Just because some investments dip doesn’t mean the gold rush around Trump’s policies isn’t valid. In fact, it shows that the market is adjusting, but that’s how free markets work! We should remember that under Trump, we experienced some of the strongest economic growth and job creation this nation has ever seen.

It’s important for us to highlight our unwavering support for freedom and the patriotism that keeps our economy strong. We believe in personal responsibility, and while liberals may chase after regulations and government overreach, we know that it’s conservative principles that empower Americans to thrive. Let’s keep pushing back against the liberal narrative and stand firm in our commitment to American greatness!

Commentary written with AI assistance by the New Republican Times Editorial Board.