POLITICS
Trump's Family Fortune: A Closer Look
Washington, USAWed May 14 2025
The Trump family has found a way to turn the presidency into a money-making machine. In just a few weeks, their businesses have raked in over $2 billion. This cash flow comes from various ventures, including real estate, a digital currency, and an exclusive club set to open in Washington, where a membership will set you back $500, 000. And get this, Qatar might even gift them a new presidential plane.
The ethical issues here are glaring. The president is both the leader of the country and a business partner with foreign governments like Serbia, the United Arab Emirates, and Oman. The White House claims that his sons are handling the businesses, so there's no conflict of interest. Legally, that might be true, but it still raises eyebrows.
The Trump family is getting richer by the day from these deals. This raises concerns about whether the president might make policy decisions to benefit his business partners, which is essentially corruption. The family's cryptocurrency, $TRUMP, is a prime example. It has no real value except what people are willing to pay for it. The family markets it as a collectible, like a trading card. But every time someone buys a coin, the family gets a cut. Recently, the president offered perks to the top buyers, including a dinner at his Virginia golf club and a tour of the White House. The top spenders shelled out at least $174 million for these coins.
The United Arab Emirates has also invested $2 billion into the Trump family's new cryptocurrency venture, World Liberty Financial. This company, led by Eric Trump and Donald Trump Jr. , is set to make tens of millions annually from this investment. This is just one of the many ways the Trump family is turning the presidency into a profitable business.
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questions
What are the potential long-term effects of a president having significant business interests abroad?
How does the Trump family's involvement in business ventures align with the ethical standards expected of a presidential administration?
If Qatar gives Trump a new presidential airplane, will it come with a mini-golf course and a golden escalator?
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