“Donald Trump, the real estate mogul, reality television star and president, has a new title: cryptocurrency tycoon. A growing share of his net worth is now linked to a corner of the financial markets over which his administration holds considerable sway,” Politico reports.
“Presidents have historically distanced themselves from their businesses while in office. But over the last year, Trump, his family and business partners have challenged that convention, backing a series of crypto startups and deals. Those crypto ventures have boosted Trump’s assets by roughly $1 billion, according to media reports.”
Playbook: “Critics see a conflict of interest on a previously unimaginable scale. Democrats see an opportunity for investigation if they win back control of Congress. But the White House dismisses all such talk as media fabrication … and Trump himself simply shrugs it all off.”
Said Trump: “I found out that nobody cared. I’m allowed to.”
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