Is There a Remedy for Presidential Profiteering?

"In May, between the two payments, Trump, overruling objections from his national-security advisers about Emirati ties to China, approved a huge sale of cutting-edge A.I. computer chips to the U.A.E. (A spokesman for World Liberty said that the President and Steve Witkoff had not had "any involvement whatsoever" since the election and that the Emirati deal had nothing to do with Trump's decision about the chips. Trump told reporters that he does not know about the investment and that his sons "are handling that.")"

"It is well documented that Trump and his immediate family have exploited the Presidency for personal profit on an unprecedented scale. Last summer, The New Yorker calculated that over the past decade those profits came to $3.4 billion. Six months later, at the end of his first year back in office, that tally had climbed to more than four billion."

Trump and his immediate family exploited the Presidency for personal profit on an unprecedented scale, with reported receipts rising from $3.4 billion to over $4 billion. In May, Trump approved a large sale of cutting-edge AI computer chips to the U.A.E., overruling national-security advisers who warned about Emirati ties to China. An Emirati payment to the Trump family prompts constitutional questions about accepting any 'present' or 'emolument' from a foreign state without congressional consent. Trump lawyers previously argued that foreign bookings were 'fair value' exchanges and that profits were donated to the U.S. Treasury. The Trump Organization's claim to avoid foreign-government deals is undermined by the Emirati payment and by persistent secrecy around family operations.

Read at The New Yorker