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

  • AbsolutelyNotAVelociraptor@piefed.socialEnglish
    13·
    4 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.

    • LostCarcosan@lemmy.today
      1·
      19 minutes ago

      Or needing a simple yet life saving drug/procedure done but their insuranc refuses to pay for it and they die slowly and painfully. Or get hit by a car and break their neck leading them to live the rest of their ‘life’ unable to move or communicate

    • AbidanYre@lemmy.worldEnglish
      3·
      2 hours ago

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