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How Trump Has Used the Presidency to Benefit Himself and His Allies

Trump’s family and allies have gained from crypto ventures, property events and federal deals as ethics questions grow over his use of office.

  • Donald Trump sought to establish a $1.776 billion fund potentially benefiting his supporters, including individuals claiming political prosecution, but this has faced congressional and judicial opposition leading to reconsideration of the fund and reopening of litigation.
  • Trump and his family have engaged in multiple lawsuits against the U.S. government, including demands related to FBI searches, tax issues, and paused IRS audits, as well as business dealings involving Pentagon loans and contracts.
  • Trump and his family profit from cryptocurrency ventures such as World Liberty Financial and the $TRUMP meme coin, with investments tied to UAE entities, and engage in significant stock and bond trading in companies that later received favorable policy actions.
  • Taxpayers have funded extensive renovations, security upgrades, and gifts related to Trump projects, including a $400 million jet gifted by Qatar intended for government use, while Trump denies conflicts of interest amid scrutiny over financial benefits from his presidency.
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Associated Press NewsAssociated Press News
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How Trump has used the presidency to benefit himself and his allies

President Donald Trump has found multiple ways to harness the presidency to benefit himself. His Justice Department agreed to a $1.776 billion fund that could benefit his allies and guard against future IRS audits of Trump, only for the White House to reconsider the fund after outcry from Congress a

·New York, United States
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Bias Distribution

  • 45% of the sources lean Left, 44% of the sources are Center
45% Left

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The Sun Chronicle broke the news on Tuesday, June 2, 2026.
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