Silicon Valley’s Swing From Obama to Trump Marks a New Era

Feb. 13, 2025, 9:00 AM UTC

From a distance, there’s plenty that’s familiar about Donald Trump’s second presidency. The chaos and tumult, the bullying pronouncements, the neck-snapping policy reversals, the dizzying sensation of the treadmill suddenly cranking up to full speed—all vintage Trump.

What’s different this time is the force driving much of the early action. In policy and style, Trump’s first presidency was dominated by a noisy crowd of MAGA populists. But Trump 2.0 features a rival power center led by Elon Musk and composed of Silicon Valley tech and crypto folks, many of them new to Washington and eager to ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.