For the Trump family, business is booming. Whereas the Trump Organization didn’t do a single deal overseas in Donald Trump's first term as president, it did eight in the past year.

For decades, presidents avoided even the appearance of profiting from their office.

Harry Truman refused to lend his name to any business, even in retirement. Richard Nixon so feared a brother might profit off their ties, he had his phone tapped. And George W. Bush dumped his individual stock holdings before taking office.

Donald Trump is taking a different approach.

The family real estate business is undergoing the fastest overseas expansion since its founding a century ago, each deal potentially shaping everything from tariffs to military aid.

Led by Eric, and his brother, Donald Jr., the family business has expanded into cryptocurrencies with ventures that brought in billions of dollars but raised questions about whether some big investors received favorable treatment in return.

  • GuyFawkesV@lemmy.world
    8·
    11 hours ago

    Or it could open the door to civil forfeiture of their crime money, with enough fines, penalties, and jail time to wipe the out for life. I like my way better.

    • stringere@sh.itjust.works
      2·
      4 hours ago

      I’ve been fanning the flames of that hope for a while now. If they can seize the money in your wallet and charge it eith a crime, they sure as hell can do the same to thrit crime money.

      The problem (for now) is that those responsible for bringing charges are unwilling to set that precedent.

      • GuyFawkesV@lemmy.world
        11·
        2 hours ago

        I’ve put my Dem candidates on notice - they get one more vote. If they don’t get this dealt with (as much as they can given they won’t have the White House) they needn’t bother asking again; the answer will be fuck off you’re worthless.