New York Times: Trump Pardoned Tax Cheat After Mother Attended $1 Million Dinner

Paul Walczak’s pardon application cited his mother’s support for the president, including raising millions of dollars and a connection to a plot to publicize a Biden family diary.

As Paul Walczak awaited sentencing early this year, his best hope for avoiding prison time rested with the newly inaugurated president.

Mr. Walczak, a former nursing home executive who had pleaded guilty to tax crimes days after the 2024 election, submitted a pardon application to President Trump around Inauguration Day. The application focused not solely on Mr. Walczak’s offenses but also on the political activity of his mother, Elizabeth Fago.

Ms. Fago had raised millions of dollars for Mr. Trump’s campaigns and those of other Republicans, the application said. It also highlighted her connections to an effort to sabotage Joseph R. Biden Jr.’s 2020 campaign by publicizing the addiction diary of his daughter Ashley Biden — an episode that drew law enforcement scrutiny.

Mr. Walczak’s pardon application argued that his criminal prosecution was motivated more by his mother’s efforts for Mr. Trump than by his admitted use of money earmarked for employees’ taxes to fund an extravagant lifestyle.

Still, weeks went by and no pardon was forthcoming, even as Mr. Trump issued clemency grants to hundreds of other allies.

Then, Ms. Fago was invited to a $1-million-per-person fund-raising dinner last month that promised face-to-face access to Mr. Trump at his private Mar-a-Lago club in Palm Beach, Fla.

https://www.nytimes.com/2025/05/27/us/politics/trump-pardon-paul-walczak-tax-crimes.html

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

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.

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