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The Number
How much is Trump pocketing off the Presidency?
By David D. Kirkpatrick
August 11, 2025
https://www.newyorker.com/magazine/2025/08/18/the-number
At a press conference on January 11, 2017, President-elect Donald Trump explained for the first time how he would handle the many conflicts of interest that his business empire posed for his new role. His company, the Trump Organization, collected money from all over the world for luxury condos, hotel rentals, development projects, and club memberships, and he had made deals that put his name on everything from mail-order steaks to get-rich-quick courses. Could citizens trust him to put the common good ahead of personal profit? How would he assure Americans that payments to his business werent doubling as payoffs?
A journalist asked Trump if he would release his tax returns, as Presidents had done for decades. Trump said no, and then explained just how unconstrained he felt by such conventions. Hed recently learned that the President, being beholden only to the voters, is subject to none of the regulations that restrict subordinate officials from conducting private business on the side. He called the loophole a no-conflict-of-interest provision, as if it were a perk of his employment contract.
To illustrate just how glaring a conflict the law allowed him, Trump volunteered that, during the transition, hed entertained a two-billion-dollar offer to do a deal in Dubai. The offer had come from Hussain Sajwani, an Emirati real-estate tycoon with close ties to his countrys rulers. Trump emphasized that he didnt have to turn it down. Nevertheless, hed passed, because he didnt want to take advantage of something; he disliked the way that looks. Therefore, he continued, his eldest sons, Donald, Jr., and Eric, would assume daily management of his businesses until he left office.
vapor2
(4,927 posts)And even more if he ends up holding the G 20 at Mar a Lago.
carpetbagger
(5,516 posts)Think of how much richer the United States is compared to post-Soviet Russia.
I think the final cost of grift will be between 100B and 1T, likely closer to the lower number. .
wcmagumba
(6,641 posts)Last edited Tue Aug 12, 2025, 01:38 AM - Edit history (1)
with whatever the "real" stash amount might be...
malthaussen
(18,629 posts)surfered
(14,310 posts)US taxpayers will pay $1 Billion (thats a B) to renovate the Qatari plane as Air Force one . That renovation should be complete only a few months before the end of Trumps term, when the title will then be transferred to Trumps Presidential Library, which is controlled by Donald Trump.
Boeing is already building a new Air Force One and it should be completed by 2027.
Where is DOGE on this waste, fraud, and abuse?
ancianita
(43,365 posts)I haven't read the whole thing yet, but does the New Yorker come up with a total?
greatauntoftriplets
(179,359 posts)But the SOB won't because greed is his overriding goal in life.
Sick.
ancianita
(43,365 posts)"... The family isnt just passively accepting the Saudi private-equity investments, the Persian Gulf licensing deals, and Justin Suns millions for digital tokens. Theyve sought those payments eagerly, and at a speed suggesting that they badly wantor needthe money. The familys thirst for cash makes questions about conflicts of interest all the more pressing.
Did Trump strike tacit deals with Justin Sun or C.Z., or with the media companies that paid him big settlements, or with Gulf monarchs? Will Qatars airplane gift protect it from another blockade? Did the U.A.E.s two-billion-dollar stablecoin purchase give it access to sensitive American technology? Did payments from the Arab monarchs incline Trump toward air strikes against Iran? Quid pro quos are exceedingly difficult to prove. But Wertheimer, the government-ethics reformer, said of Trump, The way he pursues every possible avenue he can think of for money gives people who provide that money a clear sense that they are going to get something in return. Almost anyone who sees whats going on has to assume that this money is buying the Presidents favor.
Trump has been back in the White House for a little more than six months, and his familys zeal is unflagging. In June, Donald, Jr., and Eric celebrated the tenth anniversary of their fathers first Presidential run by announcing yet another licensing deal: they sold the Trump name for use on a mobile-phone service, which Donald, Jr., said was building on the movement to put America first. Dial 888-TRUMP45 to sign up, and pay $47.45 a month.
A few weeks later, the brothers travelled with their father to promote a newly opened Trump golf course in Balmedie, Scotland, which the President touted as an unbelievable development. On August 4th, the Wall Street Journal reported that the Trump brothers had been given a total of five million shares in a new blank-check company that aims to raise and spend at least seven hundred million dollars to buy American manufacturing companies. The brothers are advisers to the new venture, and so is their friend Kyle Wool.
Like the digital clock counting the national debt, the meter on the Trump familys Presidential profits ticks ever faster. ♦
Whew ... hard to decide if he's a felon or military dictator or member of the global oligarch network.
spanone
(142,064 posts)They fucking lavish him with gifts and wads of money.
Shame on the Fucking United States of America.
ancianita
(43,365 posts)Last edited Tue Aug 12, 2025, 10:39 AM - Edit history (1)
It's depressing but it's not our democracy's fault. Think about it... why blame it on the F*****g United States of America, when it only took 23% of the country to help him win by 1 point? 77% of Americans did not vote for any of this.
The money he's made is mostly from those abroad who he cuts deals with -- oiligarchs, Saudis, techbros, and others -- while his DOJ lackeys who are actually supposed to represent The United States of America in our federal courts, are trying to block most of the 300 federal cases against him and his henchmen. The depressing part is that federal judges are dealing with criminal lawyers and liars.
Case Status Summary
Government Action Stopped: 0
Blocked: 25
Temporarily Blocked: 78
Blocked Pending Appeal: 17
Temporarily Blocked in Part; Temporary Block Denied in Part: 11
Temporary Block Denied: 37
Not Blocked Pending Appeal: 33
Awaiting Court Ruling: 145
Case Closed: 21
Misc: Transferred: 2
Case Closed in Favor of Plaintiff: 1
Case Closed/Dismissed - Government Action Complete: 7
https://www.justsecurity.org/107087/tracker-litigation-legal-challenges-trump-administration/
malaise
(298,024 posts)Rec
littlemissmartypants
(34,382 posts)
pfitz59
(12,942 posts)while threatening them with tariffs. No extortion there!
JCMach1
(29,242 posts)Scams are worse than Teapot Dome, but the MSM is virtual Crickets.
Emile
(43,288 posts)Ah well!
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