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

  • Soup@lemmy.world
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    13 hours ago

    They’re saying that no one will make a law against a Republican, but Republicans may make laws against Democrats. Of course, that also won’t happen if it means the GOP can continue to score bitching points with their base while also profitting, but still.

    • UnderpantsWeevil@lemmy.world
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      13 hours ago

      the GOP can continue to score bitching points with their base

      The joke of the last 30 years has been the GOP crying “The media is against us!” through louder and larger corporate media megaphones with every passing election cycle.

      But the punchline is that bitching about the media being mean is now a central function of federal government. Nothing fucking works because all the top leadership positions are occupied by professional whiners.