Trump’s Approval Ratings Climb to 44% Amid JD Vance’s Attack on Crypto Legal Tactics

Trump's-Approval-Ratings

U.S. President Donald Trump’s approval ratings have risen to 44%, according to a YouGov/Economist poll conducted between May 23 and 26. The uptick comes as Vice President JD Vance launched a fierce critique of federal efforts to regulate cryptocurrency, pledging to dismantle what he calls “Operation Chokepoint 2.0” and eliminate restrictive red tape surrounding the digital asset sector.

Trump’s Approval Edges Up as Vance Targets Crypto Crackdown

Former President Donald Trump has seen a modest boost in his approval ratings, with a new YouGov/Economist poll conducted from May 23 to 26 showing 44% of U.S. adults approve of his performance, while 52% disapprove. Among registered voters, 46% back a second Trump term, though the disapproval rate remains steady at 52%.

The survey, which gathered responses from over 1,600 participants, reflects a 1-point increase in Trump’s overall approval rating compared to previous polling.

Coinciding with this slight uptick in support, Vice President JD Vance reaffirmed the administration’s hardline stance on overhauling cryptocurrency regulation. Speaking out against what he described as overreach by federal agencies, Vance sharply criticized former SEC Chair Gary Gensler’s enforcement-first approach to blockchain oversight.

“We’re committed to cutting the red tape and dismantling the legal warfare waged against crypto by our predecessors,” Vance declared. “Operation Chokepoint 2.0 is officially over—it’s not coming back under the Trump administration.”

The remarks underscore a broader strategy by the Trump-Vance ticket to appeal to the digital asset community while positioning themselves as champions of financial innovation and deregulation.

Trump’s $TRUMP Coin Ties Spark Ethics Concerns Amid Crypto Policy Shift

As the Securities and Exchange Commission (SEC) backs away from several high-profile crypto lawsuits, including cases involving Ripple, OpenSea, and Coinbase, the agency has also launched a new Crypto Task Force. The initiative aims to gather public input on shaping future digital asset regulations.

Amid this regulatory pivot, former President Donald Trump is facing mounting criticism over his deepening ties to the cryptocurrency sector.

Democratic lawmakers have raised alarms over a private gala dinner held on May 22 at Trump National Golf Club near Washington, D.C., where major investors in the $TRUMP meme coin were reportedly in attendance. The exclusive event has drawn scrutiny over potential ethics violations. Critics warn that foreign actors could exploit access to the cryptocurrency as a backdoor to political influence.

Despite the backlash, Trump appears to be doubling down on crypto. Just days after the dinner, Trump Media unveiled plans to purchase $2.5 billion worth of Bitcoin. The move signals a bold embrace of digital assets and reinforces the administration’s pro-crypto posture.

The controversy highlights a growing tension between Trump’s political ambitions and his increasingly public alignment with the digital currency space. This comes at a time when national crypto policy is still very much in flux.

Disclaimer
The information provided in this article is for informational purposes only and reflects the author’s opinion. It should not be construed as financial, legal, or investment advice. The cryptocurrency market is volatile and carries risks. Please conduct your own research before making any decisions.

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