#Trump Sons’ Deals on Three Continents Directly Benefit the President
Donald Trump Jr. & Eric Trump spent the past two weeks traveling the world & announcing new ventures involving billions of dollars.
#law #Constitution #EmolumentsClause #ImpeachTrump #SCOTUS #immunity #Republicans #accomplices
https://www.nytimes.com/2025/05/05/us/politics/eric-donald-jr-trump-family-deals.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=D133B4F8-D174-4E43-8382-B1751B1F6A04
A contest of sorts has played out across #Europe, the #UnitedStates & the #MiddleEast in recent days as #Trump’s 2 older sons have pursued a blitz of family moneymaking ventures capitalizing on their father’s name & power, each seemingly trying to outdo the other.
It is a rush to cash in that involves billions of dollars with few precedents in American history.
A luxury hotel in #Dubai. A second high-end residential tower in Jeddah, #SaudiArabia. 2 #cryptocurrency ventures based in the #US. A new golf course & villa complex in #Qatar. And a new private club in #Washington. In many cases these new deals promoted over the last week will personally benefit not only Eric Trump & Donald Trump Jr., but also President #Trump himself.
The marathon of deal making has been so rapid that many elements have drawn limited public attention in the #UnitedStates, despite most of it being out in the open. That is in part because the sons appeared before mostly fawning crowds but also because #Trump, his appointees & his billionaire adviser #ElonMusk were making headlines with their own steady stream of norm-breaking controversies.
“There’s nothing like it,” said Douglas Brinkley, a Rice University historian who has written books on Presidents Ronald Reagan & Gerald R. Ford, addressing the financial #ConflictsOfInterest that have emerged in #Trump’s 2nd term.
Both Trump sons are involved in a wide range of family business ventures. Eric Trump, the president’s middle son, runs the #TrumpOrganization, the main family business, which *specializes* in real estate [#fraud].
Eric also serves on the board of a holding company that oversees #WorldLibertyFinancial, the family’s #crypto firm, & recently joined forces w/his older brother, Donald Trump Jr, to start a #Bitcoin mining operation, American Bitcoin.
The WH has said there are no #ethics issues because #Trump’s sons run the businesses🤣. “The president’s assets are in a trust managed by his children,” Anna Kelly, a White House spokeswoman, said. “There are no conflicts of interest.”😉
But #Trump’s financial disclosure report, which he is legally required to file, shows that he still personally benefits financially from most of these ventures.
Eric Trump said that many of the ventures…—from #crypto to #RealEstate —were underway *before* their father was re-elected.…
Donald Trump Jr rejected any suggestion that he was trading on his father’s name, saying he has been a businessman his entire adult life.🤣😂
…relatives of other presidents — including Billy Carter (brother of Pres Jimmy Carter) & Neil Bush (brother of Pres George W. Bush), along with Hunter Biden (son of Pres Joe Biden),— have had business dealings that have created questions about potential conflicts of interest.
What distinguishes the work of #Trump’s 2 sons is that several of these ventures, including the real estate deals & crypto efforts, bring revenues that benefit the president himself as well.
Just in the past 10 days, #DonaldTrumpJr made stops in #Hungary, #Romania, #Serbia & #Bulgaria on a paid-speech tour he has called “Trump Business Vision 2025,” which also included visits w/ #ForeignGovernment leaders & #political candidates. During roughly the same time, #EricTrump was shuttling among #Qatar, the #UAE & other #MiddleEast spots to push the family’s #RealEstate & #crypto plans.
These pitches played out even as some of Donald Trump Jr’s business partners were simultaneously rolling out yet another business in Washington that will cash in on #Trump’s return to the White House: a club called “#ExecutiveBranch”.
At $500k a person, the private membership club is slated to open by summer in a sprawling, but defunct, restaurant called Clubhouse. It will feature 2 bars, a lounge, a restaurant & boardroom — re-creating the role previously served by the lobby of the Trump International Hotel in Washington, where donors & acolytes of #Trump gathered [including #Jan6 insurrectionists who were convicted of #SeditiousConspiracy] until the family sold it off after Trump’s 1st term.
The club soon likely will be jammed w/ #Trump family friends, business execs & members of the admin, but will be off limits to members of the #public & most members of the #news #media.
[It will most likely function like Mar-a-Lago as a place for Trump to do business w/o the pesky record keepers at the WH].
A…party was held last month to celebrate the launch of “#ExecutiveBranch” …at a hotel a block from the WH. Attendees included #PamBondi, the AG, & #PaulAtkins, the new #SEC chair.
The founding members of the club, which has already sold many of its membership slots acc/to organizers, include Cameron & Tyler #Winklevoss, the #cryptocurrency execs whose company, #GeminiTrust, had been targeted by the #SEC until #Trump named new agency leaders, who in April put a hold on the federal lawsuit.
#law #corruption #broligarchy #plutocracy #technocracy #Constitution #EmolumentsClause #ImpeachTrump
#JeffMiller, a lobbyist & top #Trump fundraiser, is another founding member. In the Q1 of this year, he has registered to represent 39 new corporate clients, including the #crypto firm #Tether, an overseas operation that was a longtime target of US regulators until recently….
#law #corruption #broligarchy #plutocracy #technocracy #Constitution #EmolumentsClause #ImpeachTrump
#DavidSacks, who is a #crypto adviser to #Trump & another founding member, said the goal is *not* to create a venue for #access😉. Rather, he said in a recent podcast, “we want a place to hang out in DC” for the “younger, hipper, #Trump-aligned #Republican.”
Even as these real-life ventures were playing out, another push for #profit was underway in the virtual world. Investors in the $Trump #memecoin are bidding to become the top 220 owners of the collectible coin & win a dinner w/the president…
The $Trump memecoin is controlled by a company *run by* the #Trump sons & their partners, but Trump has actively encouraged his supporters to buy it.
Javier Selgas, chief exec at #Fr8Tech, a shipping company, announced this past wk…that his Monterrey, Mexico-based co would spend $20M to buy $Trump memecoin tokens.
Buying the tokens—in essence, giving money to the #Trump family—is “an effective way to advocate for fair, balanced & free #trade between Mexico & the US,” Selgas said….
In some cases, the #Trump-family announcements over the past week have involved #ForeignGovernments, including those of #Qatar & the #UAE.
#EricTrump flew to #Doha, the capital of the tiny #MiddleEast nation of Qatar, on Wednesday as a govt official there signed a deal with a #Saudi-based #RealEstate company to build a new Trump golf course & luxury villa complex, a partnership & will bring millions of dollars in branding & mgmt fees to the Trump family.
This is 1 of 6 #RealEstate projects now planned in the #MiddleEast, sponsored by #DarGlobal, the international subsidiary of a #Saudi-based real estate firm with close ties to the #SaudiRoyalFamily. The other projects are in #SaudiArabia, #Oman & #Dubai.
“They always arrive at the word ‘yes,’ which is a beautiful thing,”Eric #Trump said while in Dubai this past wk, saying that it took only a month to get the required real estate permits from the govt there…
On a crypto conference panel in #Dubai, #EricTrump sat next to Zach #Witkoff, one of the founders of the #Trump family #crypto firm, #WorldLibertyFinancial, who announced that a VC firm backed by the #government of #AbuDhabi would invest $2 billion using a form of digital currency offered by World Liberty. This deal alone could generate hundreds of millions of dollars in revenue for the Trump family & its partners.
#law #corruption #broligarchy #Constitution #EmolumentsClause #ImpeachTrump
#DonaldTrumpJr …arriv[ed] on April 25 in #Budapest, where he had a brief meeting w/ #Hungary’s foreign minister, #PeterSzijjarto, & then was #paid to appear at a dinner…of business leaders.
“I’m just here as a business guy, but as someone who understands how the world works,” [right] Jr told an exec from…the org that sponsored the event, adding that while he was in #EasternEurope & the Balkans he was looking for new deals. “You never know if there is going to be a #Trump #RealEstate deal.”
Donald Trump Jr’s next stop was #Serbia, where the #Trump family is planning a new hotel on land owned by the #government there. He met w/ President #AleksandarVucic, whose admin approved the hotel project, which also includes Jared Kushner, Trump’s son-in-law, as the developer. “No one has ever said that we are inhospitable: We prepared this pig for Donald Jr Trump,” Vucic boasted on his FB page, about his meal w/Trump.
Donald #Trump Jr then moved on to #Bulgaria, where he appeared on a stage along w/ #AntoniTrenchev, the co-founder of a #cryptocurrency firm called #Nexo that was fined $45M by the #SEC in 2023 & agreed to leave the US marketplace.
With Jr at his side, Trenchev announced that Nexo had already talked to US regulators & it was re-entering the US market. “America is back—& so is Nexo,”Trenchev said, celebrating his meeting where he #paid to be w/the son of the president of the United States…
#Trump, in recent days, was doing his part as well to help drive business to the family.
He attended a fund-raising event at his Mar-a-Lago club in Florida this past weekend. That makes his 10th visit to the club since he returned to the White House in January, with many of the weekend visits featuring political gatherings that #pay bills to his family.
#law #Constitution #EmolumentsClause #ImpeachTrump #SCOTUS #immunity #Republicans #accomplices
@Nonilex So much travel by private jet (hello, climate change!)
So much money changing hands….but never any money for pressing world problems.
How do members of the GOP sleep at night? or look at themselves in the mirror every morning?
Nonilex
f*cking b*tch club
sandywb14
Peter Brown