Peter Schiff accuses Trump of favoring crypto donors by hinting at Bitcoin in kids' savings program.

Peter Schiff criticized President Donald Trump for suggesting Bitcoin could be added to the Trump Accounts savings program for children, claiming it was a favor to crypto donors who have financially supported Trump. Schiff pointed to major crypto backers like Elon Musk and Ripple Labs, who have contributed to pro-Trump PACs, as likely beneficiaries of this move. He urged Trump to separate the children's savings initiative from Bitcoin, reflecting his broader skepticism of the cryptocurrency amid recent market volatility. Schiff also highlighted concerns about the influence of crypto wealth on political decisions and the potential risks to the Trump Account policy system.