- cross-posted to:
- politics@beehaw.org
- cross-posted to:
- politics@beehaw.org
Donald Trump’s use of his second presidency to grow his personal fortune has alarmed legal and ethics experts and congressional Democrats as he has reaped an “unprecedented” $2.2bn in 2025 revenues by amassing big cryptocurrency holdings, benefiting from wealthy foreign interests, expanding his Truth Social business and more, while federal oversight of his actions has waned.
Trump last year raked in at least $1.4bn from his crypto ventures according to financial disclosure forms he filed in June. Simultaneously, about one million investors in a Trump crypto scheme suffered almost $3.8bn in losses as their volatile crypto holdings tanked in value.
Monetizing his presidency further this summer, Trump’s Truth Social media business is pushing a new scheme that offers wealthy buyers special early access to his posts for a fee of $100,000 a month, which top Democrats and public interest groups say pose serious conflict of interest and corruption issues.
This is some of why at least some Americans probably wish the Iran plot succeeded
They believe that everyone does it, and that Trump is just better at it.
That’s why if you point out something corrupt they point to someone else who the think did something corrupt, instead of saying both should be investigated and punished if actually guilty.
Exactly: “Hunter Biden and his laptop! And Hunter sold art, can you even believe it? Hillary’s emails! Bill Clinton gets speaking fees, how is that even possible?”
Lol remember when Hillary’s emails was this years-long scandal? And we just rolled over Signalgate in a couple weeks.