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Trump is leveraging power of his office to reap profits for family businesses
UNITED STATES, JUL 18 – Trump officials and nominees hold at least $193 million in cryptocurrency, highlighting extensive crypto investments tied to the administration, per analysis by The Washington Post.
- During his second term, Donald Trump is accused of leveraging the power of his office for personal gain, a practice unprecedented in history.
- Trump, who was previously skeptical of cryptocurrencies, is now engaging in deals that bypass legal restrictions, as noted by legal experts.
- Concerns are raised about Trump's financial ties to stablecoin issuers and the influence on blockchain legislation, which critics describe as a significant problem.
- This situation contradicts Trump's earlier commitment to 'drain the swamp' during his first term.
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Trump is leveraging power of his office as family businesses expand
By BRIAN SLODYSKO and WILL WEISSERT, Associated Press WASHINGTON (AP) — If one theme has emerged in President Donald Trump’s second term, it’s this: He’s leveraged the power of his office for personal gain unlike anyone before in history. From crypto coins to bibles, overseas development deals to an upcoming line of cellphones, Trump family businesses have raked in hundreds of millions of dollars since his election, an unprecedented flood of oft…
·Pennsylvania, United States
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Coverage Details
Total News Sources20
Leaning Left10Leaning Right0Center3Last UpdatedBias Distribution77% Left
Bias Distribution
- 77% of the sources lean Left
77% Left
L 77%
C 23%
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