New Trump-Linked Consulting Firm Launches in Washington, D.C., to Navigate Cryptocurrency and AI
Washington, D.C. – A new government relations firm, NexusOne Consulting, has made its debut in Washington, D.C., with the objective of advocating for clients in the rapidly evolving fields of cryptocurrency and artificial intelligence (AI). Founded by former Trump administration legal advisor Jeff Ifrah, alongside ex-Trump attorney Jim Trusty and former Commerce Department official Ross Branson, the firm officially opened its doors this week, aiming to address the distinct needs of emerging technology sectors.
Addressing a Growing Need
In an interview with Fox News Digital, Jeff Ifrah highlighted the firm’s mission: to fill the perceived void in crypto and AI advocacy at the federal level, particularly in light of the growing importance of these industries since Donald Trump’s election in 2016. According to Ifrah, before the Trump administration, the technology sectors did not actively seek representation in Washington. However, he noted that with the administration’s focus on these verticals, it became clear that federal advocacy was essential.
Ifrah stated, "Shortly after Trump won the election, it became kind of clear that these two verticals, AI and crypto, were going to need representation, and they previously hadn’t thought about that." He emphasized that their team recognized a lack of firms experienced in the federal landscape that could adequately serve the needs of clients engaged in these sectors.
Strategic Positioning
NexusOne Consulting promises to leverage its unique connections within the Trump administration to support its clientele. "We saw a benefit in starting up a new shop with our kind of relationships and connections in the administration," Ifrah explained, noting that competition in this specific advocacy space remains low.
Trusty reinforced this vision in a company press release, stating, "NexusOne was launched to give the crypto, AI, and other emerging tech industries a seat at the table." He believes such representation will be vital for aligning the interests of the technology industry with the priorities of federal policymakers.
Advisory Board and Objectives
The firm has already appointed notable figures to its advisory board, including Bill Bennett, former Secretary of Education under President George H.W. Bush, Oklahoma’s former Governor Mary Fallin, and Andrew Graves, a Wall Street veteran known for his close ties to Eric Trump.
Located just across from the White House, NexusOne positions itself as a crucial intermediary between regulation and innovation. "We are perfectly positioned to help both the Executive Branch and private industry understand and appreciate each other’s roles and abilities in forging the new economy," Trusty noted.
Aiming for Regulatory Influence
As the cryptocurrency landscape evolves, Trump’s administration has set an ambitious goal of establishing the U.S. as the "crypto capital of the world." Bo Hines, executive director of the President’s Council of Advisers on Digital Assets, has echoed this sentiment, suggesting that the administration is working toward ushering in a "golden age" for digital assets.
Ifrah emphasizes the necessity for tech companies to not only react to policy but to actively influence it. "Technology is outpacing policy, and that creates both opportunity and risk," he stated, asserting that NexusOne aims to provide a "trusted, connected voice in Washington" for innovators at the forefront of technological advancement.
With the establishment of NexusOne Consulting, the intersection of emerging technologies and federal regulation is set to become a focal point for the firm’s advocacy efforts in the coming years.
For further updates on developments in the cryptocurrency and AI sectors, follow Fox News Digital.