Ethics experts and Democrats express alarm as Trump uses office to grow his personal fortune to ‘unprecedented’ level

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

  • lukaro@lemmy.zipEnglish
    14·
    2 hours ago

    I’m talking stuff like having bad diarrhea and a sneezing fit while stuck in traffic. Or forever having one cent less than the purchase they’re trying to make. Getting comfortable in bed starting to drift off to sleep then suddenly having to piss. Every poop is a splasher. That kinda of stuff.

    • AbsolutelyNotAVelociraptor@piefed.socialEnglish
      10·
      2 hours ago

      And I’m talking about being confused for an inmigrant by ICE and consequently beaten/shot to death. Or involved in a violent arrest by the police and consequently beaten/shot to death, or simply caught in a road rage incident with a fellow republican nazi and consequently beaten/shot to death. That kinda stuff.

      • AbidanYre@lemmy.worldEnglish
        2·
        36 minutes ago

        Or chased down and eaten by large reptiles? Not that you would know anything about that…