Podcast / The Nation Podcast / May 19, 2025

Jacob Silverman on Cryptocurrency’s Shadiest Dealings Under Trump

On this episode of The Nation Podcast, Jacob Silverman on how the cryptocurrency industry continues to evade regulation.

The Nation Podcasts
The Nation Podcasts

Here's where to find podcasts from The Nation. Political talk without the boring parts, featuring the writers, activists and artists who shape the news, from a progressive perspective.

Jacob Silverman on Cryptocurrency’s Shadiest Dealings Under Trump | The Nation Podcast
byThe Nation Magazine

On this episode of The Nation Podcast, Jacob Silverman joins the show to discuss how the cryptocurrency industry has long evaded regulation, and how it’s now deeply enmeshed with the Trump administration’s most corrupt dealings. Silverman's feature, “Coin-Operated: The Crypto Industry’s Takeover of American Politics,” appears in the June issue of The Nation.

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(Jonathan Raa / NurPhoto via AP)

On this episode of The Nation Podcast, Jacob Silverman joins the show to discuss how the cryptocurrency industry has long evaded regulation, and how it’s now deeply enmeshed with the Trump administration’s most corrupt dealings. Silverman’s feature, “Coin-Operated: The Crypto Industry’s Takeover of American Politics,” appears in the June issue of The Nation.

The Nation Podcasts
The Nation Podcasts

Here's where to find podcasts from The Nation. Political talk without the boring parts, featuring the writers, activists and artists who shape the news, from a progressive perspective.

The Transformation of the New York Waterfront w/ Karrie Jacobs | The Nation Podcast
byThe Nation Magazine

In its heyday, the Bush Terminal industrial complex spanned several city blocks along Brooklyn’s waterfront and employed more than 35,000 people. Built by Irving Bush in the late nineteenth century, it was an "early intermodal shipping hub." Goods arrived by water and left by rail. Bananas, coffee, and cotton came in through doors on one side of the warehouses and were loaded onto trains on the other.

But after World War II, as trucks replaced rail and shipping patterns changed, the Terminal’s purpose faded and the vast complex slipped into disuse.

Today, Bush Terminal is again at the center of New York’s vision for urban reinvention— and a debate around development, displacement, and the future of work in the city.

Joining us on a deep dive into Bush Terminal is veteran architecture critic and writer Karrie Jacobs. Her essayOn the Waterfront,” appears in our December issue of the Nation.

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Even before February 28, the reasons for Donald Trump’s imploding approval rating were abundantly clear: untrammeled corruption and personal enrichment to the tune of billions of dollars during an affordability crisis, a foreign policy guided only by his own derelict sense of morality, and the deployment of a murderous campaign of occupation, detention, and deportation on American streets. 

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As we’ve seen over and over, this administration uses lies, misdirection, and attempts to flood the zone to justify its abuses of power at home and abroad. Just as Trump, Marco Rubio, and Pete Hegseth offer erratic and contradictory rationales for the attacks on Iran, the administration is also spreading the lie that the upcoming midterm elections are under threat from noncitizens on voter rolls. When these lies go unchecked, they become the basis for further authoritarian encroachment and war. 

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D.D. Guttenplan

D.D. Guttenplan is a special correspondent for The Nation and the former host of The Nation Podcast. He served as editor of the magazine from 2019 to 2025 and, prior to that, as an editor at large and London correspondent. His books include American Radical: The Life and Times of I.F. Stone, The Nation: A Biography, and The Next Republic: The Rise of a New Radical Majority.

Jacob Silverman

Jacob Silverman is the author most recently of Gilded Rage: Elon Musk and the Radicalization of Silicon Valley. He is also the host of Understood: The Making of Musk, a limited podcast series from CBC.

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