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

  • Leather@lemmy.world
    51·
    15 hours ago

    We’re going to do corruption like no one has ever seen before! It’s going to be huge, so big… Beautiful, the corruption. Has anyone seen how beautiful my daughter, she isn’t at all, God she’s hot. No corruption there? Am I right? We’re going to do corruption like the Democrats never could, there too weak. Medical people, you know we have the best, and the smartest, they all tell me I could be a doctor too, I’m so smart. Like Ivanka, and her soft thighs. A doctor like no other! One, not unlike Jesus, a man who I’m sure would also find Ivankas breasts lovely and full… and endorse, your favorite president for doctor. I have to talk to Harvard about making me one. Right?