- Silicon Valley’s political influence has shifted from Obama to Trump, focusing on tech policies.
- Elon Musk drives key policy changes on AI, crypto, and immigration in Trump’s administration.
- Silicon Valley moguls now back Trump, seeing favorable conditions for business growth.
Silicon Valley’s political clout has shifted from the Obama administration to the Trump era. In recent years, tech and crypto leaders have taken a stronger role in shaping U.S. policy, with a new alliance forming between Silicon Valley moguls and the Trump administration.
According to a Bloomberg report, during Barack Obama’s presidency, Silicon Valley backed Democratic ideals with his tech-friendly policies. His administration championed innovation, with measures designed to boost tech startups and digital industries.
Mark Zuckerberg, Jeff Bezos, Tim Cook, and Sundar Pichai, along with other top Silicon Valley figures, supported Obama by backing his campaign and pushing policies that fueled their growth. However, after the 2016 election, as tech companies grew in power, their ties with Washington began shifting.
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