"The grand total: $3.4 billion. Of course, the Trumps weren't done. As the anniversary of the President's second Inauguration approaches, one thing is clear: they have only ramped up their money-making efforts. Crypto, foreign real-estate deals, shadowy national-security contracts-the list goes on and on. In his latest column, John Cassidy tracks company announcements, official filings, and public reporting to break down how Trump and his family members have obliterated the divide between public and private business"
""In terms of the money involved, the geographic reach, and the explicit ties to Presidential actions," Cassidy writes, "there has never been anything like the second term of Trump, Inc." And see more of our reflections on the biggest news stories of the year: Editor's Pick Daily Cartoon Ian Crouch contributed to today's edition. Puzzles & Games A Shooting at Brown The first snow of the year often brings students out together."
A New Yorker investigation calculated that Donald Trump and his family pocketed approximately $3.4 billion from the presidency since 2016. The family's money-making intensified during the second presidential term, with expansions into cryptocurrency, foreign real-estate transactions, and opaque national-security contracts. Company announcements, official filings, and public reporting show a systematic blurring of the line between public office and private business, producing additional profits this year. The second term features unprecedented sums, geographic reach, and explicit links between presidential actions and family business gains. Coverage also includes reflections on major stories, cultural pieces, and local reporting such as a campus shooting and seasonal events.
#trump-family-profits #presidential-conflicts-of-interest #crypto-and-real-estate #national-security-contracts
Read at The New Yorker
Unable to calculate read time
Collection
[
|
...
]