
According to an official statement, Representative Maxine Waters labeled President Trump’s pardon of Binance co-founder Changpeng Zhao as alarming yet unsurprising, citing concerns over political favoritism and ethical governance.
Representative Maxine Waters issued an official statement condemning President Donald Trump’s pardon of Binance co-founder Changpeng Zhao. Waters described the decision as alarming but unsurprising, arguing it highlights Trump’s prioritization of personal and criminal interests over the welfare of American workers. The statement adds to ongoing political criticism surrounding the intersection of cryptocurrency, governance, and presidential powers.