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

  • NOMOREBSAMERICA@mastodon.social
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    2 months ago

    @Sunflier 💵President Trump Lost Wealth In Office Overall
    No grifting, corruption, or any wrongdoing involved. Second-term gains & all other gains are legal. Dems are the party of grifting & corruption, they have abused taxpayers for trillions. Pres. Trump saves us trillions+, gives the average U.S. household thousands back yearly. Trump was the first to audit FOR fraud, waste, abuse, & corruption. He sacrifices his literal all for us https://breakingnewsapp.net/article.php?1=jdie https://breakingnewsapp.net/article.php?1=jced

    • UnderpantsWeevil@lemmy.world
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      2 months ago

      Dems are the party of grifting & corruption

      It’s very funny to say that, considering how close Trump has been to the Clintons, Cuomos, and assorted Bloombergcrats for his entire adult life.

      Republicans hate Democrats, then find the most nakedly corrupt, incompetent, and repulsive Dem in the country to make their new king.

      Trump was the first to audit FOR fraud, waste, abuse, & corruption.

      He fired 17 of 21 Inspector Generals inside his first month in office, then never replaced them.

      It’s laughable how absolutely false this claim is.

      • NOMOREBSAMERICA@mastodon.social
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        2 months ago

        @UnderpantsWeevil All King angles are debunked. All corruption angles are debunked. He is factually not incompetent. Dems are The Proven Fascist Weaponizing Tyrants, literal king-likes, literal dictator-likes dictator-lovers, & worse. That’s documented stuff they themselves prove. Same tired list of baseless lies & Lib labeling from you.

      • NOMOREBSAMERICA@mastodon.social
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        2 months ago

        @UnderpantsWeevil All “firing just because” angles are fully debunked. Many were fired for legal, just, needed reasons, none just because Trump said so. He FACTUALLY WAS THE FIRST TO AUDIT FOR FRAUD, CORRUPTION, WASTE, & ABUSE, that’s undebatable documented Fact. Trump & the Right “hate Democrats” because Dems openly hate America, Americans, American traditions, morals, & more.

      • NOMOREBSAMERICA@mastodon.social
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        2 months ago

        @UnderpantsWeevil Trump was the first president to audit the Pentagon, exposing waste and fraud. He fired 17 of 21 Inspectors General because many were Obama holdovers who blocked his agenda, not because he was corrupt. Trump didn’t illegally fire Inspectors General. Presidents have the constitutional authority to remove executive branch officials, including IGs. The 17 firings were mostly Obama-era holdovers who blocked his agenda at every step, not a cover-up. You sent propaganda.

        • Bytemeister@lemmy.world
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          2 months ago

          https://www.npr.org/sections/thetwo-way/2017/12/08/569394885/pentagon-announces-first-ever-audit-of-the-department-of-defense

          The decision to audit the Pentagon was made back in 2010. Obama did try to audit it, but Congress gave the Pentagon another 7 years to get their shit together. Trump didn’t do anything, except be president when that audit was scheduled (7 years earlier, mind you) to run.

          See, the problem with you maga types, is you just lick up the dribble coming from trump’s dirty diaper, and assume that since he insists that it is really chocolate, and it’s brown like chocolate, it must be chocolate, and everyone who isn’t eating the president’s free chocolate must be an idiot because it’s obviously free chocolate coming from the most amazing president who keeps runny chocolate in his diaper.

          I don’t really blame you though, in the same way I don’t blame a victim of a carnival conman. The conman is the criminal doing something wrong, the marks are just too fucking naive to understand the con, and it’s really fucking disappointing to watch a long line of people lose their money to the same conman, doing the same trick while openly laughing with his buddies about how stupid you all are.

      • NOMOREBSAMERICA@mastodon.social
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        2 months ago

        @UnderpantsWeevil American Oversight is a Left-Wing group founded by Obama-era officials. Their “illegal firing” claim is partisan spin, not neutral fact whatsoever. Presidents have constitutional authority to remove executive branch officials, including Inspectors General. All “firing just because” angles are debunked. All Fascism angles are debunked. All corruption angles are debunked. You can send actual proof of your claims please and not such propaganda, will be waiting.

      • NOMOREBSAMERICA@mastodon.social
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        2 months ago

        @UnderpantsWeevil Again ALL corruption angles regarding President Trump are fully debunked; Dems are The Party of MASSIVE corruption, fraud, & grifting. Please name a single valid example of corruption or grift from President Trump. Trump hates the clintons and has constantly campaigned & fought against both Bill & Hillary because they are his political enemies. Trump’s past ties to Democrats don’t make him one of them. He switched parties and ran against the entire establishment.