The number of financial side deals the Trump family is running is so shocking it can sometimes be hard to track.
According to @Reuters, their crypto ventures alone have delivered $2.3 billion to Trump & co. while creating a similar-sized loss for investors.
NY Times investigative Reporter Eric Lipton breaks down his investigation into how President Trump and Howard Lutnick's families stand to profit from a $1.6 billion mining deal with Kazakhstan.
@SteveRattner@susanbordson@MSNOWNews@Morning_Joe Is this wrong? Should Trump and his family not be making billions on his position? If only someone had told Trump in advance it was frowned upon, but, it’s been acceptable in other positions throughout his career.
Donald Trump on his housing affordability plan, in his own words:
—"It's so unimportant"
—"It's a big yawn"
—"I don't think about Americans' financial situation"
—"I don't want to drive housing prices down. I want to drive housing prices up"
Let me tell you what just got reported, because you will not believe it until you see it laid out.
The Trump administration cut a billion-dollar tungsten deal with Kazakhstan. Tungsten is the metal we need for missile warheads, fighter jets, and computer chips. Trump himself got on the phone to close it. Commerce Secretary Howard Lutnick worked it from the inside, sending letters, leaning on the Kazakh president, lining up as much as $1.6 billion in federal financing.
Within weeks of those negotiations, investors tied to a firm partly owned by Donald Trump Jr. and Eric Trump took a 20% stake in an entity connected to the very same Kazakhstan project their father was negotiating. Around that same time, Cantor Fitzgerald, the firm run by Lutnick’s own sons, raised $210 million for a partner in the deal and pocketed the fees.
The fathers set the policy. The sons cashed in.
Six days after the Trump sons and their partners moved their money, Lutnick signed the final deal.
The reporting found one or both families have financial ties to at least 14 companies working with the government on critical mining deals.
The total federal funding flowing toward those companies tops $8.9 billion.
This is your tax money.
It is supposed to secure our supply chains and protect our troops, not pad the portfolios of the President’s children and the Commerce Secretary’s children.
This is the most corrupt administration in American history. It is not close.
We must keep digging, and keep asking the questions they do not want asked. Republicans in Congress are unwilling to lift a finger. Mike Johnson is running a protection racket.
Either we will end the corruption, or the corruption will be the end of us.
https://t.co/yFOl7zvOhC
All over the beautiful DC mall are random barriers and fences so tall you can’t see over them. It’s hard to get around and it’s ugly. Nothing says “freedom 250” like miles and miles of hideous fences and barriers and soldiers. I guess that’s what Trump likes…
Thank you, Justice Elena Kagan,
for responding to the SCOTUS decision to deport Haitian refugee families back to a place America knows is unsafe,
by adding Trump’s vile, racist, Christ-hating, exact words into the official case record.
“Trump wanted to fix up the Reflecting Pool. What he got instead was an on-the-nose metaphor for the state of his presidency: a no-bid contract to a crony that went over budget, ended in failure, and resulted in the pool being policed by federal troops” https://t.co/ocGGXCk049
Millions of people who signed up for Affordable Care Act plans this year dropped their coverage after the loss of subsidies drove up costs https://t.co/hY5cvTcbo0
Just the Speaker of the House pledging that if you vote Republican he will continue to make sure all the corruption and criminality happening in the Trump admin will be covered up by him and his do-nothing committee chairs. https://t.co/ESI9rxdgFX
Johnson: If we lose the midterms, these Democrats will turn every committee of Congress into an investigative body, and they'll go after the president's family, the cabinet, his donors, friends, half of you in this room will be targeted. I run the protection program. We’ll take care of you.
Vice President JD Vance expressed sympathy for former president Richard M. Nixon on Thursday, suggesting that he was wrongly forced out as president in 1974, and comparing Nixon to Trump and himself. Read more: https://t.co/52oTaF9wZf
Vance: "If you look at the story of how the deep state took down Richard Nixon, it's not all that different from what the same group of people, the same institutions tried to do to Donald Trump."
It's actually mind-boggling that @JDVance would say Watergate would be a "10 hour story" today.
Just to review, Nixon's aides authorized a break-in of the DNC HQ to install bugging equipment--in a caper foiled by a night watchman, who called police. They then enlisted the CIA to mislead the FBI that the break-in was related to a probe of malign foreign actors.
The entire operation was paid for by a slush fund controlled by the WH.
The WH also enlisted the IRS to probe hundreds of Nixon's political enemies.
The AG, the WH COS and several other top aides all were convicted and served time for their involvement in the crimes and coverup.
Nixon was caught on his own secret tape system conspiring with them but was pardoned a month after he resigned by his successor, Gerald Ford.
That Vance thinks this would be a "10 hour story" today speaks volumes about the moral and ethical degradation of the Trump era.
@byHeatherLong@jamesetta_w I don’t think anyone, even Obama or Biden, could have predicted that Trump’s new tariffs and a war against Iran would cause inflation to rise dramatically. Oh wait …
JD Vance: "I think Nixon's historical legacy is enjoying a bit of a renaissance, and deservedly so. I joked that if Watergate happened tomorrow, it would be like a 12 hours news story. The idea that it took down a presidency is crazy."