Tech Leaders Express Frustration with Trump Administration's Policies, Says Eternal Founder Reggie James

Reggie James, co-founder of the recently acquired new-media company Eternal, has publicly stated that tech leaders are growing increasingly frustrated with the Trump administration's policies. His comments highlight a growing discontent within the industry regarding government actions on tariffs and cryptocurrency.

"None of my friends who voted for Trump are happy right now. Everyone is annoyed," James told Business Insider in March 2025. He further elaborated that many in the tech sector had anticipated a more "surgical approach" from the administration, rather than what they perceive as a "wrecking ball" effect on the industry. This sentiment reflects a broader disillusionment among some who initially supported the administration.

The tech industry, including prominent venture capital firms and influential CEOs, has reportedly become impatient with what they describe as "herky-jerky tariffs" and a "shaky stock market." Concerns are particularly high among startup founders, who are reportedly anxious about their ability to secure funding amidst economic uncertainty.

Adding to the frustration are the administration's actions concerning cryptocurrencies. While the Biden administration took a hard-line stance, the Trump administration has embraced the crypto community, including the launch of a memecoin and the appointment of a "crypto czar." This has led to accusations of "crypto bro schemes" and concerns about the administration picking "winners and losers" in the market.

Reggie James, a Forbes 30 Under 30 honoree and a visionary entrepreneur known for blending fashion, technology, and social networking with Eternal, now serves in an advisory role following the company's acquisition in 2025. His current focus also includes investments and thought leadership in creative technology, positioning him as a key voice in the ongoing dialogue between the tech sector and government policy.