Fintech

Trump Team Targets Politically Connected Startup Ramp for $700B Government Payments Overhaul

2025-04-17 00:00:00 +0000 UTC | Importance: 9/10

The Trump administration is fast-tracking a $25 million pilot contract for Ramp, a politically connected FinTech startup backed by Peter Thiel, Elon Musk, and JD Vance allies, to manage the $700 billion SmartPay government expense card program. Ramp, valued at $13 billion, has deep ties to …

Donald Trump Peter Thiel Elon Musk J.D. Vance Gerald Connolly +2 more trump-administration government-contracts fintech peter-thiel regulatory-capture +1 more

SEC Closes Investigation into Robinhood Crypto Division Without Enforcement Action

2025-02-24 00:00:00 +0000 UTC | Importance: 8/10

The SEC closed its investigation into Robinhood’s crypto division on February 24, 2025, without taking any enforcement action. Robinhood Chief Legal Officer Dan Gallagher claimed the investigation ’never should have been opened,’ marking a significant moment in the Trump …

Donald Trump Trump Administration Dan Gallagher Robinhood Crypto Division crypto regulatory-capture trump-administration sec fintech