Analysis: Trump Family's Foreign Deals and Cryptocurrency Ventures Raise Ethics Concerns
By
tromp
Toasted golden, schmeared with insight. Top of the rack.
Summary
The article examines how Donald Trump and his family have significantly increased their wealth through foreign mega-deals and cryptocurrency enterprises that leverage Trump's presidential status, with ethics watchdogs criticizing the unprecedented scale of profiteering from the presidency. The analysis measures the growth in Trump's net worth after his first year back in office, highlighting conflicts of interest and exploitation of his position.
Key quotes
· 4 pulledAt the start of Donald Trump's first term, he promised that he and his family would never do anything that might even be 'perceived to be exploitive of office of the Presidency.'
By contrast, his second term looks rapacious. He and members of his family have signed a blitz of foreign mega-deals shadowed by conflicts of interest.
They've launched at least five different cryptocurrency enterprises, all of which leverage Trump's status as President to lure buyers or investors.
Ethics watchdogs say that no other President has ever so nakedly exploited his position, or on such a scale.
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