Trump's financial ties face scrutiny after moves benefiting allies and family

Source: AP News

President Donald Trump tried to create a near $1.8 billion fund that could be funneled to his supporters as a means of settling a lawsuit he filed against his own government — even arguing that he “gave up a lot of money in allowing” it.

After drawing outcry in Congress and the courts, however, the White House is reconsidering the fund. That potentially means the suit — and the possibility that the president could still cash in — might be back on.

Trump hasn’t been shy about turning the presidency into a major source of personal benefit, involving everything from merchandising deals to crypto ventures to high-dollar political and official events at his properties.

Asked about possible self-dealing by the president, the White House called such suggestions “the same, tired narrative that Democrats have pushed against President Trump, his family, and his administration for a decade.”



Read more: https://apnews.com/article/trump-personal-profits-anti-weaponization-fund-7d47cc89f207b0b3749fdeefdf4de4c7