Tag Archives: Eric Trump

Deadline: Trump Deploys 2,000 Troops To L.A. As Backlash & Protests To ICE Raids Surge; POTUS Action “Purposefully Inflammatory,” Newsom Warns

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Reeling from widespread harsh ICE raids and responding protests and resistance over the past 24 hours, Los Angeles has become a powder keg with Donald Trump deploying 2,000 California National Guard troops over the objection of Governor Gavin Newsom and other SoCal leaders.

As rock-throwing and bellowing Angelenos sought to stop undocumented individuals being targeted by masked and heavily armored federal agents from being dragged away from a Home Depot in Paramount, Calif. and LA’s Westlake neighborhood on Saturday, Trump took to social media to announce a de facto takeover of the City of Angels. “If Governor Gavin Newscum, of California, and Mayor Karen Bass, of Los Angeles, can’t do their jobs, which everyone knows they can’t, then the Federal Government will step in and solve the problem, RIOTS & LOOTERS, the way it should be solved!!!” he said (caps’ Trump).

Declaring “to the extent that protests or acts of violence directly inhibit the execution of the laws, they constitute a form of rebellion against the authority of the Government of the United States” in a memorandum today, Trump says the federalized troops’ “duration of duty shall be for 60 days or at the discretion of the Secretary of Defense.”

…

Raising the stakes even more, and seeming to disregard federal law, Secretary of Defense Pete Hegseth proclaimed that “if violence continues, active duty Marines at Camp Pendleton will also be mobilized — they are on high alert.”

Trump Deploys 2,000 Troops To L.A. As Backlash & Protests To ICE Raids Surge; POTUS Action “Purposefully Inflammatory,” Newsom Warns
LA is feeling the heavy hand of the White House tonight as 1000s of troops are deployed in response to protests & resistance to widespread ICE Raids.

https://deadline.com/2025/06/trump-national-guard-los-angeles-ice-raids-newsom-1236426811

Alternet: Alarm raised over Trump admin corruption following Trump media move

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Monday reporting from the Financial Times that U.S. President Donald Trump’s family media company “plans to raise $3 billion to buy cryptocurrencies” sparked a fresh wave of alarm over his administration’s policies and potential corruption.

After winning a second term last year, the Republican president transferred his stake in Trump Media & Technology Group (TMTG)—which is behind the Truth Social platform—to a revocable trust overseen by his son Donald Trump Jr.

Citing six unnamed sources, FT reported that TMTG “aims to raise $2 billion in fresh equity and another $1 billion via a convertible bond,” and “also plans to launch an exchange-traded fund focused on cryptocurrency.”

https://www.alternet.org/trump-media-crypto/

https://www.alternet.org/trump-media-crypto

New York Times: As Trumps Monetize Presidency, Profits Outstrip Protests

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The president and his family have monetized the White House more than any other occupant, normalizing activities that once would have provoked heavy blowback and official investigations.

When Hillary Clinton was first lady, a furor erupted over reports that she had once made $100,000 from a $1,000 investment in cattle futures. Even though it had happened a dozen years before her husband became president, it became a scandal that lasted weeks and forced the White House to initiate a review.

Thirty-one years later, after dinner at Mar-a-Lago, Jeff Bezos agreed to finance a promotional film about Melania Trump that will reportedly put $28 million directly in her pocket — 280 times the Clinton lucre and in this case from a person with a vested interest in policies set by her husband’s government. Scandal? Furor? Washington moved on while barely taking notice.

The Trumps are hardly the first presidential family to profit from their time in power, but they have done more to monetize the presidency than anyone who has ever occupied the White House. The scale and the scope of the presidential mercantilism has been breathtaking. The Trump family and its business partners have collected $320 million in fees from a new cryptocurrency, brokered overseas real estate deals worth billions of dollars and are opening an exclusive club in Washington called the Executive Branch charging $500,000 apiece to join, all in the past few months alone.

Just last week, Qatar handed over a luxury jet meant for Mr. Trump’s use not just in his official capacity but also for his presidential library after he leaves office. Experts have valued the plane, formally donated to the Air Force, at $200 million, more than all of the foreign gifts bestowed on all previous American presidents combined.

And Mr. Trump hosted an exclusive dinner at his Virginia club for 220 investors in the $TRUMP cryptocurrency that he started days before taking office in January. Access was openly sold based on how much money they chipped in — not to a campaign account but to a business that benefits Mr. Trump personally.

trump-money-plane-crypto.html

https://www.nytimes.com/2025/05/25/us/politics/trump-money-plane-crypto.html

Telegraph: ‘It’s open season for corruption’: How Trump turned the White House into a cash cow

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Naked profiteering by the US president and his family has triggered alarm bells in the Maga movement

Most.

Corrupt.

President

Ever!

Donald Trump caught his first sight of the so-called “palace in the sky” in February as he climbed the red-carpeted steps of the Boeing 747-8.

The Qatari plane was parked at Florida’s West Palm Beach International Airport, and offered a chance for the president to see what a newly refitted Air Force One could look like, easing his frustration with the long-delayed Boeing project.

In the event, it appears to have been more of a test drive. His administration’s plan to accept the $400m (£300m) luxury jet from the Qatari royal family, which he is expected to use after his presidency, is the latest example of what many view as an increased disregard for ethics in Washington under his second term.

During his first term in the White House, foreign governments buying meals and block-booking rooms at Trump hotels set alarm bells ringing.

Yet now the president has created even more opportunities for those looking to curry favour with him – and his children. From pay-to-dine cryptocurrency schemes, a new social media platform that carries advertising and the expansion of their property empire, it has never seemed easier for the Trump family to line their pockets.

https://www.telegraph.co.uk/business/2025/05/18/trump-turned-white-house-cash-machine

New York Times: Trump Family Bitcoin Company Announces Plan to Go Public

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American Bitcoin, a cryptocurrency firm co-founded by Eric Trump, said it was merging with a company traded on the Nasdaq, the latest expansion of the family’s investments in crypto.

More profiteering on the coattails of our Grifter-in-Chief:

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.

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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.

At the same time, President Trump has taken steps to advance the crypto world’s interests in Washington, ending a Biden-era enforcement campaign against crypto companies and backing legislation supported by the industry.

In an investor presentation posted on its website, American Bitcoin aggressively promoted its connection with the Trump family, featuring a large photograph of Eric Trump near the beginning. A message next to the photo describes the company’s ambitions and links the firm to the domestic crypto industry in ways that echo the president’s messaging.

“Crypto is the future,” the message reads. “America must lead the way. American Bitcoin will set the standard.”

Among a list of key figures in the business, the presentation describes Eric Trump as a “strategic amplifier” who “drives brand equity and institutional visibility through unparalleled network reach.”

https://archive.is/dl1mG#selection-731.0-766.0

Manila Times: Trump family Gulf empire grows

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Ahead of US President Donald Trump’s Gulf visit next week, his son Eric was promoting his crypto firm in Dubai, while Don Jr. prepared to talk about “Monetizing MAGA” in Doha.

Last month, the Trump Organization struck its first luxury real estate deal in Qatar and released details of a billion-dollar skyscraper in Dubai whose apartments can be bought in cryptocurrency.

In a monarchical region awash with petrodollars, the list of Trump-related ventures is long and growing. However, the pres-idential entourage is not the only party cashing in, analysts say.

“Gulf governments likely see the presence of the Trump brand in their countries as a way to generate goodwill with the new administration,” said Robert Mogielnicki of the Arab Gulf States Institute in Washington.

If the president chose, he could hopscotch the region from one Trump venture to another when he visits Saudi Arabia, Qa-tar and the United Arab Emirates next week on the first foreign tour of his second term.

Asked whether Trump would make visits or meetings linked to his own business interests or that of his family, White House Press Secretary Karoline Leavitt said it was “ridiculous” to “even suggest that President Trump is doing anything for his own benefit” and that he had “lost money for being president.”

LOL! The only person in Washington, D.C., who tells more lies than King Donald is Bimbo #1 Karoline Leavitt.

https://www.manilatimes.net/2025/05/12/business/foreign-business/trump-family-gulf-empire-grows/2110755

AOL: White House: ‘Ridiculous’ to think Trump doing anything for his own personal wealth

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White House press secretary Karoline Leavitt [Bimbo #1] said Friday it would be “ridiculous” to think President Trump is personally benefiting from his time at the White House, calling out reporters for questions about his family’s business ventures while in office.

Ahead of Trump’s trip to the Middle East next week, Leavitt [Bimbo #1] pushed back on questioning over whether any family members are joining him and if the president has any plans to meet with people involved with the family businesses while in the region.

“Not to my knowledge, and let me just get to the premise of your question that both of you have raised. I think it’s frankly ridiculous that anyone in this room would even suggest that President Trump is doing anything for his own benefit. He left a life of luxury and a life of running a very successful real estate empire for public service, not just once, but twice,” [Bimbo #1] said.

“A life of running a very successful real estate empire”: Does that include the loser’s SIX bankruptcies?

And his THIRTY FOUR convictions on felony counts of falsified business records?

Dumb doesn’t come much dumber than Bimbo #1 Karoline Leavitt!

White House: ‘Ridiculous’ to think Trump doing anything for his own personal wealth
White House press secretary Karoline Leavitt said Friday it would be “ridiculous” to think President Trump is personally benefiting from his time at the White House, calling out reporters for questions about his family’s business ventures while in office. Ahead of Trump’s trip to the Middle East next week, Leavitt pushed back on questioning over…

https://www.aol.com/white-house-ridiculous-think-trump-182511250.html

Metro: Trump 2028 merch goes on sale suggesting plans to ‘rewrite the rules’ with third term

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It appears our dictator has no plans to say “Buh, bye” after his second term.

Official ‘Trump 2028’ hats and shirts have gone on sale in the clearest indication yet that President Donald Trump may seek an unprecedented third term. The Trump Store put the hat in the signature MAGA red color with white lettering on sale on its website on Thursday. The Trump 2028 Hat is $50 and features an embroidered front and an American flag embroidery on the side.

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https://www.msn.com/en-ph/news/other/trump-2028-merch-goes-on-sale-suggesting-plans-to-rewrite-the-rules-with-third-term/ss-AA1DBCTK