Former President Donald Trump’s approval rating has edged up to 44%, according to a new YouGov/Economist poll conducted from May 23–26. The bump in support coincided with a forceful statement from Vice President JD Vance, who vowed to dismantle restrictive crypto policies and end what he called “Operation Chokepoint 2.0.”
Poll Shows Slight Increase in Support Amid Crypto-Friendly Messaging
The national survey, conducted among over 1,600 U.S. adults, found that 44% approve of Trump’s leadership, while 52% disapprove. Among registered voters, 46% expressed approval, with the same 52% disapproving. Though modest, the 1% increase in Trump’s overall approval rating reflects growing interest in his administration’s policy direction—particularly around digital assets.
Vance Attacks SEC’s Crypto Oversight, Declares Lawfare Over
In a statement aligning closely with the administration’s pro-crypto stance, Vice President Vance sharply criticized past regulatory approaches, specifically targeting former SEC Chair Gary Gensler’s enforcement-heavy strategy.
“We’re dismantling the regulatory roadblocks and stopping the lawfare against crypto,” Vance said. “Operation Chokepoint 2.0 is dead—and it’s not coming back under the Trump administration.”
His remarks suggest a clear pivot from enforcement to innovation, as the administration seeks to reshape the U.S. crypto regulatory landscape.
SEC Retreats from Legal Battles, Plans Community Engagement
The SEC, under pressure, has recently dropped major lawsuits involving companies such as Ripple, Coinbase, and OpenSea. It has also formed a Crypto Task Force aimed at engaging the public and industry leaders in shaping a new regulatory framework for digital assets.
Despite the softening stance from regulators, the Trump administration has made it clear they intend to go further by eliminating what they view as politically motivated barriers to crypto growth.
Ethics Questions Swirl Around $TRUMP Meme Coin Gala
While Trump’s crypto-friendly posture is winning over some supporters, it has also drawn scrutiny. Democratic lawmakers have raised ethical concerns following a gala dinner hosted at Trump National Golf Club on May 22. The event was held for top investors of the $TRUMP meme coin—a crypto asset bearing the former president’s name.
Critics argue that such events may allow foreign entities to curry political favor through cryptocurrency purchases, potentially violating ethics rules.
Trump Media Pushes Deeper Into Bitcoin
Despite the controversy, Trump’s connection to digital assets appears to be intensifying. On Tuesday, Trump Media revealed plans to purchase $2.5 billion worth of Bitcoin—a move that signals the former president’s intention to solidify his role as a crypto champion ahead of the 2024 election cycle.
With approval ratings inching upward and a clear anti-regulation crypto agenda in place, Trump’s political and financial strategy around digital assets is becoming increasingly central to his campaign platform.
