Trump's Business Ventures While in Office Break Presidential Conflict-of-Interest Norms
By
Eric Lipton
Summary
The article reports on President Trump's unprecedented move to open new business ventures while in office, particularly in the cryptocurrency industry, rather than eliminating potential conflicts of interest. This defies long-held presidential traditions of avoiding financial entanglements. The piece highlights how Trump's family aggressively moved into crypto, generating substantial new revenue, and discusses the ethical implications of a sitting president profiting from business dealings.
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Key quotes
· 3 pulledThe president's move to open new business ventures, rather than eliminate potential conflicts, defies a long-held tradition.
The bulk of the new revenue for President Trump comes from the cryptocurrency industry, which his family aggressively moved into.
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