On May 1, it was reported that NexusOne Consulting, a new government relations consulting firm composed of former government officials, has begun operations in Washington, D.C., to help cryptocurrency and artificial intelligence companies shape U.S. policy. The company is led by white-collar defense lawyer Jeff Ifrah, former government lawyer Jim Trusty, who represented the Trump administration, and Ross Branson, who served at the Commerce Department during Trump's first presidential term. Ifrah said in a press release that this is a rare opportunity to shape the future of technology policy, and the company needs to ensure that innovators are not only passively responding to policies, but also proactively influencing policies. Trump has expressed his desire to build the United States into the "world's cryptocurrency capital" and has begun to build strategic bitcoin reserves. NexusOne Consulting, located directly across from the White House, bills itself as a bridge between the private industry and government, and plans to lobby for companies exploring the cutting edge of artificial intelligence, cryptocurrency and social platforms.