Latest news with #DavidPlouffe
CTV News
12-06-2025
- Business
- CTV News
Coinbase adds former top Obama and Harris adviser Plouffe as it broadens its political reach
David Plouffe, right, Uber senior vice president of policy and communications, talks about the Uber expansion in Phoenix as Arizona Gov. Doug Ducey listens during a news conference announcing the opening of the new Uber offices June 11, 2015, in Phoenix. (AP Photo/Ross D. Franklin, File) WASHINGTON — A senior adviser to Kamala Harris' 2024 presidential campaign is joining Coinbase's global advisory council, which already includes several former U.S. senators and Donald Trump's ex-campaign manager, as the cryptocurrency exchange broadens its political reach. David Plouffe, a top Democratic strategist best known as an architect of Barack Obama's successful 2008 presidential campaign, is the latest addition to the council, joining as the cryptocurrency industry plays an increasingly prominent role in shaping fast-moving legislation in Congress. The legislation aims to create a comprehensive framework for the regulation of digital assets and comes amid a shift in Washington. President Trump, a Republican, has pledged to make the U.S. the global capital of cryptocurrency, contrasting with what industry leaders viewed as a stifling regulatory approach under the previous Democratic administration. Trump and his family have also been aggressively expanding their personal business into almost every part of the cryptocurrency ecosystem, including raising billions of dollars to buy bitcoin, creating a new stablecoin and launching and promoting a Trump-themed meme coin. Chris LaCivita, the former co-campaign manager of Trump's successful 2024 presidential bid, joined Coinbase's advisory council in January. Former U.S. Sen. Kyrsten Sinema, a Democrat-turned-independent from Arizona, also joined the council, which consists of a number of other high-profile figures from both major political parties. Plouffe previously served on the global advisory board for Binance, the world's largest cryptocurrency exchange, before joining Harris' presidential campaign as a senior adviser in August. Faryar Shirzad, Coinbase's chief policy officer, described the role of the advisers as being a 'sound board' to discuss policy efforts and business strategy. In Congress, legislation is advancing far more quickly than usual for a new industry — a pace that some involved in shaping the bills say comes amid an all-out pressure campaign from the cryptocurrency sector. On Wednesday, a group of Democrats joined the Republican majority to advance legislation regulating stablecoins, a type of cryptocurrency typically pegged to the U.S. dollar. Final passage through the Senate could come next week. Meanwhile, a more sweeping bill to implement cryptocurrency market structure has begun moving through House committees. Joey Cappelletti, The Associated Press
The Independent
12-06-2025
- Business
- The Independent
Coinbase adds former top Obama and Harris adviser Plouffe as it broadens its political reach
A senior adviser to Kamala Harris' 2024 presidential campaign is joining Coinbase's global advisory council, which already includes several former U.S. senators and Donald Trump's ex-campaign manager, as the cryptocurrency exchange broadens its political reach. David Plouffe, a top Democratic strategist best known as an architect of Barack Obama's successful 2008 presidential campaign, is the latest addition to the council, joining as the cryptocurrency industry plays an increasingly prominent role in shaping fast-moving legislation in Congress. The legislation aims to create a comprehensive framework for the regulation of digital assets and comes amid a shift in Washington. President Trump, a Republican, has pledged to make the U.S. the global capital of cryptocurrency, contrasting with what industry leaders viewed as a stifling regulatory approach under the previous Democratic administration. Trump and his family have also been aggressively expanding their personal business into almost every part of the cryptocurrency ecosystem, including raising billions of dollars to buy bitcoin, creating a new stablecoin and launching and promoting a Trump-themed meme coin. Chris LaCivita, the former co-campaign manager of Trump's successful 2024 presidential bid, joined Coinbase 's advisory council in January. Former U.S. Sen. Kyrsten Sinema, a Democrat-turned-independent from Arizona, also joined the council, which consists of a number of other high-profile figures from both major political parties. Plouffe previously served on the global advisory board for Binance, the world's largest cryptocurrency exchange, before joining Harris' presidential campaign as a senior adviser in August. Faryar Shirzad, Coinbase's chief policy officer, described the role of the advisers as being a 'sound board' to discuss policy efforts and business strategy. In Congress, legislation is advancing far more quickly than usual for a new industry — a pace that some involved in shaping the bills say comes amid an all-out pressure campaign from the cryptocurrency sector. On Wednesday, a group of Democrats joined the Republican majority to advance legislation regulating stablecoins, a type of cryptocurrency typically pegged to the U.S. dollar. Final passage through the Senate could come next week. Meanwhile, a more sweeping bill to implement cryptocurrency market structure has begun moving through House committees.
Yahoo
02-06-2025
- Business
- Yahoo
Warnock dodges questions from NBC host on whether Biden should have dropped out earlier
Sen. Raphael Warnock, D-Ga., was pressed by NBC News host Kristen Welker on whether former President Joe Biden should have dropped out sooner or run for re-election at all, dodging the question and insisting that he was focused on what's in front of him. Welker quoted former Harris campaign aide David Plouffe, who told authors Alex Thompson and Jake Tapper in their new book that if the former president dropped out in 2023, the Democratic Party could hold a "robust primary." Welker noted that Plouffe name-dropped Warnock as a potential candidate and asked him to respond. "Kristen, here's what we absolutely know about last year's election. It's over, and I'm going to spend all of my energy focused on the tank in front of us. We are headed into a very critical week. The Republicans are trying to push forward this big, ugly bill that's going to literally cut as many as 7 million Americans off of their health care," Warnock said, referring to Trump's "big, beautiful bill." Plouffe told the authors that Biden "f----- us," and said "it was a disservice to the country and to the party for his family and advisers to allow him to run again." Nbc Host Questions Adam Schiff On Whether Biden Officials Mislead The Public About Former President Welker pushed back on Warnock, noting that he didn't give a "direct answer" to her question. Read On The Fox News App "Well, I take very seriously, my job. The people of Georgia hired me to stand up for them, and this really is a critical week. This big, ugly bill is going to strip people of their health care. It's going to rob working-class people of the resources that they need, they're literally trying to take health care from children," Warnock responded. Several Democrats have been asked to respond to questions about the former president's health and whether he should have run for re-election or had dropped out sooner. Democratic leadership, including Sen. Chuck Schumer, D-N.Y., and Rep. Hakeem Jeffries, D-N.Y., said \they're trying to look forward and move on. Schumer dismissed the questions surrounding Biden's decline on CNN, MSNBC, and during a press conference in early May. Chuck Schumer Confronted With Old Clip Of Himself Declaring Biden's Decline 'Right-wing Propaganda' Click Here For More Coverage Of Media And Culture "Kasie, we're looking forward. We have the largest Medicaid cut in front of us. We have the whole federal government," Schumer told CNN's Kasie Hunt during. He used the same phrase on MSNBC and during the press conference. Jeffries issued a similar response during a press conference in May, telling reporters, "We're not looking backward, we're looking forward at this particular moment in time." Some Democrats, including former transportation secretary Pete Buttigieg, acknowledged the former president might have harmed the party's chances by remaining in the race for as long as he did. Buttigieg said that Biden "maybe" hurt Democrats in running for re-election. However, he defended the former president against allegations of article source: Warnock dodges questions from NBC host on whether Biden should have dropped out earlier
Fox News
01-06-2025
- Business
- Fox News
Warnock dodges questions from NBC host on whether Biden should have dropped out earlier
Sen. Raphael Warnock, D-Ga., was pressed by NBC News host Kristen Welker on whether former President Joe Biden should have dropped out sooner or run for re-election at all, dodging the question and insisting that he was focused on what's in front of him. Welker quoted former Harris campaign aide David Plouffe, who told authors Alex Thompson and Jake Tapper in their new book that if the former president dropped out in 2023, the Democratic Party could hold a "robust primary." Welker noted that Plouffe name-dropped Warnock as a potential candidate and asked him to respond. "Kristen, here's what we absolutely know about last year's election. It's over, and I'm going to spend all of my energy focused on the tank in front of us. We are headed into a very critical week. The Republicans are trying to push forward this big, ugly bill that's going to literally cut as many as 7 million Americans off of their health care," Warnock said, referring to Trump's "big, beautiful bill." Plouffe told the authors that Biden "f----- us," and said "it was a disservice to the country and to the party for his family and advisers to allow him to run again." Welker pushed back on Warnock, noting that he didn't give a "direct answer" to her question. "Well, I take very seriously, my job. The people of Georgia hired me to stand up for them, and this really is a critical week. This big, ugly bill is going to strip people of their health care. It's going to rob working-class people of the resources that they need, they're literally trying to take health care from children," Warnock responded. Several Democrats have been asked to respond to questions about the former president's health and whether he should have run for re-election or had dropped out sooner. Democratic leadership, including Sen. Chuck Schumer, D-N.Y., and Rep. Hakeem Jeffries, D-N.Y., said \they're trying to look forward and move on. Schumer dismissed the questions surrounding Biden's decline on CNN, MSNBC, and during a press conference in early May. "Kasie, we're looking forward. We have the largest Medicaid cut in front of us. We have the whole federal government," Schumer told CNN's Kasie Hunt during. He used the same phrase on MSNBC and during the press conference. Jeffries issued a similar response during a press conference in May, telling reporters, "We're not looking backward, we're looking forward at this particular moment in time." Some Democrats, including former transportation secretary Pete Buttigieg, acknowledged the former president might have harmed the party's chances by remaining in the race for as long as he did. Buttigieg said that Biden "maybe" hurt Democrats in running for re-election. However, he defended the former president against allegations of decline.
Fox News
27-05-2025
- Business
- Fox News
Democratic strategists question influence of Obama-era campaign operatives in party's future
Some Democratic strategists are questioning the role campaign operatives — who are associated with former President Barack Obama's presidential campaigns — will play going forward as the Democratic Party scrambles to move forward after former Vice President Kamala Harris' loss. "I'm sorry — I don't want a surgeon who keeps killing patients," Democratic strategist Chris Kofinis told NBC News about the set of Obama-era campaign operatives who contributed to several modern Democratic campaigns. "It's pretty easy to win with a guy like Obama." Several of those who led Obama's campaigns also worked for Harris in 2024, as well as former President Joe Biden, until he dropped out and lost to President Donald Trump. Obama campaign alums Jen O'Malley Dillion and Stephanie Cutter worked on Harris' campaign. Other former Obama campaign aides, Mitch Stewart and Rufus Gifford, worked on Biden's campaign as well, NBC News reported. DNC Finance Chair Chris Korge called out David Plouffe, Obama's 2008 campaign manager and an advisor to Harris' campaign, in an interview with NBC News earlier this month. Plouffe placed blame for Harris' loss on Biden, telling authors Jake Tapper and Alex Thompson that the former president "totally f----- us." "To blame Biden now is to shift the accountability from the people who lost the race: the consultants, the so-called gurus," Korge said during the interview. "It's time to re-evaluate the use of consultants and bring in new forward-looking people." "The old Obama playbook no longer works," Korge added. Another Democratic strategist, Mike Nellis, told NBC News that the Democratic Party had nostalgia for the Obama era, but noted that the politics have changed. "One of the challenges the Democratic Party does have is that there is nostalgia for the Obama era, both in terms of Barack Obama being in the White House and what that meant for the country and the style of leadership that we have, but also like the style of our politics," Nellis said. "There's been a de-evolution of our politics over the last 10 years, and it's just a very different era." CLICK HERE FOR MORE COVERAGE OF MEDIA AND CULTURENebraska Democratic Party chair Jane Kleeb detailed an anecdote about how she responded to Republican attacks with regard to transgender issues in a mayoral election in Omaha. The Democratic candidate, John Ewing, ended up beating the Republican candidate, Jean Stothert. "I didn't contact the Pod Save America guys or a New York press firm to say, 'how do I handle this?'" Kleeb said. "Our team literally got into the conference room at our state party office and said, 'Let's throw out ideas on how we can push back on this, because we're not going to let them take down John Ewing on this bulls--- again.'" Kleeb added that she wanted all the operatives at the table, and spoke out against "intraparty fighting." Another ex-Obama campaign aide, Steve Schale, defended Plouffe and called him "one of the sharpest guys around." Chuck Rocha, a former Bernie Sanders campaign advisor, pointed out that the campaign consultants are usually locked-in with candidates before they even announce their campaigns. "Most of these same consultants have locked in these candidates before they ever announce, and so there's never any opportunity for any new blood to be a part of these campaigns," Rocha said. "They're all connected." David Hogg, a DNC vice chair, told NBC that the party's political operatives hold on to power for too long, comparing them to several Democratic lawmakers in power. He also said young voters don't really have a memory of Obama's presidency. "I don't think they have one to be honest with you. That's part of the challenge," Hogg said. "For many of these younger people who are under the age of 20, right now… they don't remember much of what Obama talked about. They grew up in the political context of Donald Trump and him being normalized, because that was what politics was to them growing up." After Harris lost, Plouffe, Dillion, Cutter and Quentin Fulks, all part of her campaign operation, joined the co-hosts of Pod Save America, a podcast hosted by all ex-Obama aides, to discuss what went wrong in the election. Liberal critics accused them of gaslighting and taking no accountability for the loss.
