Critics say Trump's policies weaken the U.S. dollar as his businesses invest in crypto

Laura Barron-Lopez:

The economist from Harvard, ken Rogoff, says, yes, that if Trump is scaring people about the U.S. dollar, then it's good for crypto and therefore it can be good for his holdings in crypto.

Now we should say that the dollar is far from being replaced by crypto. But I also spoke to Noah Bookbinder, who's an ethics watchdog and former public corruption attorney for the Justice Department, and he agreed with Rogoff's assessment.

Noah Bookbinder, Executive Director, Citizens for Responsibility and Ethics in Washington: As other things that were seen as safe investments like the dollar potentially become less safe, that could drive more money into cryptocurrency. It could make that seem comparatively stable.

And at this point, Donald Trump and his companies are poised to gain tremendously if more money starts being invested in cryptocurrencies.