The Wall Street Journal editorial board is calling out the optics of the Trump family crypto ventures. The article is behind a pay wall and I can’t cut and paste in the whole thing due to DCUM rules, but here are the first two and the last paragraphs of the article:
President Trump likes flying close to the sun regarding his family business, and the flight is closer than ever in his second term. Is no one advising Mr. Trump that his family’s crypto plans are inviting trouble? Mr. Trump said last month that he’ll host a dinner with the top 220 holders of his $TRUMP meme coin at his Washington, D.C.-area golf club on May 22. Step right up and invest in the Trump crypto enterprise for a chance to rub elbows with the leader of the free world. The President says all of this is above board. But it nonetheless raises the appearance of a conflict of interest in selling access to the President. Last paragraph: Expect the press to spend the next four years chasing stories about the Trump crypto family. The political optics are awful, especially in light of the Trump border taxes. The Democratic midterm campaign ads write themselves: Millions in secretive crypto profits for the Trump family, but Mr. Trump’s famous “two dolls” and “five pencils” for everyone else. |
Funny that the WSJ is prepared to let it go on unchecked for 4 years. |
Rosemont Seneca Bohai says what? |
What's wrong with making billions of dollars in crypto while hundreds of thousands of US citizens lose their jobs or close their businesses? |
If you are among the suckers and "loosers," then you are asking for this treatment specifically. |
Where are the Republicans in Congress????
They are complicit. They and they alone can stop all this corruption. The GOP can impeach and remove this corrupt POTUS and v-p and replace them with conservatives who are interested in conservative values and care about our democracy and our country. Why are they allowing this open corruption to go on and on with no consequences to the Trump Grifting Family, et al? Are the GOP ALL paid off?? Is every single one of the GOP members of congress mired in corruption? If Dems were in charge, this corruption will disappear in an instant, if not sooner. Only under the GOP is this evil and greed in the federal government allowed to flourish and grow. |
https://www.nytimes.com/live/2025/05/12/us/trump-news
American Bitcoin, a cryptocurrency firm co-founded by Eric Trump, announced on Monday that it would become publicly traded, the latest expansion of the Trump family’s investments across the crypto industry. The company, which focuses on Bitcoin mining, is set to merge with Gryphon Digital Mining Inc., a firm that is already traded on the Nasdaq. Mr. Trump, the president’s middle son, is listed as one of the founders and a member of the company’s management team. American Bitcoin was started in late March, when Mr. Trump and his older brother, Donald Trump Jr., announced that they were joining forces with a Bitcoin mining firm called Hut 8. Bitcoin mining is a vital branch of the crypto industry, in which major companies, many of them publicly traded, run energy-guzzling data centers to process Bitcoin transactions. The move to take American Bitcoin public could pave the way for traders — including those seeking favor from President Trump — to invest in a Trump family entity, though the company said in its announcement that existing stockholders were expected to own an overwhelming majority of the company. The business is one facet of an increasingly broad array of Trump family crypto ventures that have alarmed government ethics experts. President Trump and his sons have started a crypto firm called World Liberty Financial that offers its own digital coin. And working with a separate set of business partners, the Trump family has marketed the digital currency $TRUMP — a type of crypto called a memecoin that is typically treated more as a novelty investment than an actual currency. |
They see what happened to Liz Cheney and don't want to share her fate. Sad! |
Did I miss their editorial and columns about that traitor Kushner and his crime family shaking down Arab states for billions over the last 8 or 9 years? |
Liz's fate of earning respect for having some principles and a backbone? That's a much better fate than having a job that one is failing to fulfill and being a cowardly worm worthy of loathing. |
They are cowards. Every one of them. They will be judged cruelly by history, though. Their grandchildren will be ashamed of them. |
No redeemers present. The more the merrier. It’s just more ammo for the midterms. |
What are you talking about? They’re calling it out right now. |
WSJ finally calling it out. That’s great. Who on Congress is calling out this conflict of interest? Who is watching the sale of access to the president to through stock purchases? |
No president or presidents family has ever into graft or grifting the way the Trumps are. Hunter Biden was a novice compared to the Trumps. The WSJ, Laura Loomer and even Fox have questioned what’s going on but Mike Johnson and the republicans? They are fine with it. |