California Governor Gavin Newsom is taking a new route to push back against President Donald Trump’s association with cryptocurrency.
During an August 29 appearance on the Pivot podcast, Newsom shared that his team is working on launching a meme coin called the “Trump Corruption Coin”.
Rather than use the coin to promote himself, Newsom emphasized that its name is meant to keep attention on President Trump’s controversies. When asked whether the token would be branded after him, Newsom said, “No, it’s Trump Corruption Coin”.
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Newsom also explained that the crypto project is part of his “Campaign for Democracy”. Funds raised through the token would be used to support voter engagement efforts and help with redistricting.
According to the governor, these areas are often underfunded but crucial for strengthening democratic participation.
In the interview, Newsom did not shy away from aiming for President Trump’s influence. He said the coin was designed to highlight the exaggerated and misleading aspects of President Trump’s public image. He said:
We’re just trying to turn up the heat and tune people into the absurdity.
On August 25, Newsom’s press office account on X has been posting messages in President Trump’s trademark all-caps format.
One post read, “EXCEPT WHAT IS WRITTEN AND BROADCAST IN THE FAKE NEWS, I NOW HAVE THE HIGHEST POLL NUMBERS I’VE EVER HAD, SOME IN THE 60’S AND EVEN 70’S. THANK YOU. MAKE AMERICA GAVIN AGAIN!!! — GCN”.
On August 24, Eric Trump shared how his family’s interest in crypto began after the banking troubles that followed the Capitol events in 2021. What did he say? Read the full story.
