Why JD Vance as Donald Trump's VP pick has Silicon Valley celebrating

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Why JD Vance as Donald Trump's VP pick has Silicon Valley celebrating - Business Standard

Quick Summary:

Taking a page from Thiel’s book, Vance made a Lord of the Rings reference with his new firm, naming Narya after a ring worn by the wizard Gandalf in the books.

During his successful campaign for the Senate in 2022, which was backed by Thiel, he was critical of big tech companies, saying that they wield too much power and influence over politics.

Vance has also taken on Wall Street in other ways, backing legislation with Elizabeth Warren to claw back pay for bank executives when their institutions fail, and railroad companies with his Trump-endorsed safety bill with Democratic Ohio Senator Sherrod Brown after the East Palestine disaster.