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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.

D.D. Guttenplan and Jacob Silverman

May 19, 2025

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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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

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.

Liberal Philanthropy and the Fight for Democracy w/ David Callahan | The Nation Podcast
byThe Nation Magazine

It’s no surprise that liberal philanthropy — a longtime pillar of the Democratic establishment — has become one of the Trump administration’s latest targets. As David Callahan writes in our December issue, liberal foundations “have often been depicted as the great puppet masters of the left, bankrolling and directing a who’s who of progressive groups intent on destroying the American way of life.” In other words, catnip for MAGA madness.

But as Callahan points out, the reality of how these institutions operate is far from radical. As powerbrokers of the elite, liberal philanthropists are averse to challenging “the systems that spawned them.”

How have liberal foundations failed to mobilize working-class Americans? And how can they ramp up the fight to defend the democracy they claim to care so much about saving?

Joining us to discuss this is David Callahan, founder and editor of Inside Philanthropy, and author of The Givers: Wealth, Power and Philanthropy in a New Gilded Age.

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D.D. GuttenplanTwitterD.D. Guttenplan is a special correspondent for The Nation and the 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 SilvermanJacob 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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