Summary
Donald Trump has launched a cryptocurrency, $TRUMP, sparking ethical concerns as he profits directly from purchases.
Critics, including Sen. Elizabeth Warren, warn this creates conflicts of interest, with Trump benefiting from a largely unregulated industry while overseeing federal crypto policies.
The move, coupled with First Lady Melania’s $MELANIA coin, led to financial losses for some supporters.
Some Republicans dismissed the issue as free-market risk, while Sen. Richard Blumenthal argued it may violate the Constitution’s emoluments clause.
GOP lawmakers remain focused on Biden-related investigations, ignoring Trump’s ventures.
You must log in or register to comment.
There’s a new game in town, and it’s called “don’t even pretend that ethics matter any more because they don’t.”
The only rule is that you have to let Trump and his cronies get away with anything.
The reward is that Trump’s criminal “justice” system will let you get away with anything too.
And most of Washington is already playing.
It’s called Strump?
Meme coins have $ at the front
“I’m just basically waiting and hoping to see when the public says, ‘Enough is enough,’ with the president just appearing like he’s profiting from the presidency,” Kedric Payne, senior director of ethics at the Campaign Legal Center, told HuffPost. “What’s going to be that straw that breaks the camel’s back where they say, ‘OK, just focus on your day job and not having these other side hustles.’”
Trumps finances in general are a conflict of interest but absolutly nothing at all were/will be done about it.
