Daily Beast: Trump Turns Presidency Into His Cash Cow With $600M Haul

President Donald Trump has already made a small fortune off his second go-around as commander in chief.

An annual financial disclosure shows the Republican president’s crypto ventures, golf clubs, and resorts, as well as the large fees he collects from garish MAGA-branded merch, have helped him rake in more than $600 million in income last year, Reuters reported.

Overall, Reuters calculated that Trump’s combined assets totaled $1.6 billion, with his income feeding into the Trump Organization trust operated by his three eldest children—which some said allows him to skate the Constitution’s Emoluments clause, which bars the president from benefitting financially from the office.

https://www.thedailybeast.com/trump-turns-presidency-into-his-cash-cow-with-600m-haul

Deadline: ABC News Suspends Terry Moran Over X Post That Called Trump Official Stephen Miller A “World-Class Hater”

ABC News said that it has suspended senior national correspondent Terry Moran over a late night X post, since deleted, attacking Trump administration official Stephen Miller as a “world class hater.”

Top Trump administration officials had called out the X post on Sunday morning, Press Secretary Karoline Leavitt saying that the network should hold him “accountable” and Vice President JD Vance asking for an apology.

The 12:06 a.m. post called Stephen Miller, Trump’s deputy chief of staff, a “world class hater.”

“You can see this just by looking at him because you can see that his hatreds are his spiritual nourishment. He eats his hate.”

“Trump is a world-class hater. But his hatred is only a means to an end, and that end is his own glorification. That’s his spiritual nourishment.”

Unfortunately Terry Moran was right. Stephen Miller is the most reviled White House staffer of our times. And that’s an understatement.

https://deadline.com/2025/06/abc-news-suspends-terry-moran-trump-stephen-miller-1236426913

Raw Story: ‘Second biggest scandal’: Trump accused of new grift that puts Qatari plane in Shade

“The plane is the second-biggest scandal on this trip,” Sen. Chris Murphy (D-CT) told Raw Story. “The $2 billion crypto investment in Trump stablecoin [by an Emirati firm] is the more offensive grift.”

Now, Trump is unshackled. The president and his sons aren’t even pretending to close shop: they’re expanding, thirsty for deals like the one they signed in April to build a golf club in Qatar.

“What he’s doing is already illegal, so we don’t actually need a statute for that,” Schatz told Raw Story. “Now I would say his corruption complicates the conversation for sure, but I am not one of these people who think we need to make a new law to reiterate that the existing laws shouldn’t be broken.”

As for the confluence of multi-billion dollar crypto investments, real-estate deals and a $400 million plane?

“That’s just what we know,” Whitehouse said. “I don’t think it gets better.”

https://www.rawstory.com/raw-investigates/trump-qatar-plane-2672031382

The Hill: House Democrats demand answers from [Bimbo #2] Noem on plans for $50M jet

Democrats are demanding answers about a Department of Homeland Security (DHS) plan to purchase a new $50 million jet for Secretary Kristi [Bimbo #2] Noem.

The jet, slotted in as a line item to the U.S. Coast Guard (USCG) budget, comes as the department argues its current plane is beyond its operational usage hours.

“Reports indicate this jet would cost $50 million and replace one of the two Gulfstream jets already at your disposal. Funding the acquisition of this new jet would come at the cost of other USCG investments, including sorely needed modernization of the USCG’s aging aircraft fleet used by service members for search and rescue and other critical missions,” Rep. Bennie Thompson (D-Miss.) wrote in a letter to [Bimbo #2] Noem alongside Rep. LaMonica McIver (D-N.J.).

Both Democrats sit on the House Homeland Security panel. Thompson is the panel’s ranking member.

“Simply put, your purchase of a new jet would directly diminish the availability of other USCG aircraft to carry out critical missions,” the two wrote.

Do you honestly think that Bimbo #2 / Rollex Girl cares about anything other than herself?

https://thehill.com/homenews/house/5325718-dhs-jet-funding-coast-guard

Jerusalem Post: Qatar insists Trump admin initiated free plane transfer to US

Trump allegedly told reporters in the Oval Office: “[I] got a beautiful big magnificent free airplane for the United States Air Force. Very proud of that.”

Qatar insists that a memorandum of understanding between Washington and Doha specifies that the Trump administration initiated the aircraft transfer and that Qatar is not responsible for any future transfers of the plane’s ownership, The Washington Post revealed on Thursday.

President Trump wants the aircraft for the US Air Force, and he allegedly told reporters in the Oval Office on Wednesday: “[I] got a beautiful big magnificent free airplane for the United States Air Force. Very proud of that.”

https://www.jpost.com/international/article-855921

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

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.

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

Daily Digest: Trump’s latest controversy: the moment he insulted the South African president to his face

According to Reuters, [South African President Cyril] Ramaphosa expected to mend diplomatic relations with the United States, after the Trump Administration decided to cut humanitarian aid, expelled the South African ambassador and offered refuge to white Afrikaners.

Instead, the US President confronted the South African leader with claims of white genocide and illegal land expropriations, which have been described by Reuters as patently false.

The BBC reports that Trump showed Ramaphosa a video, depicting several crosses along a road. The US President claimed that those were the burial sites of of murdered white farmers in South Africa.

According to the BBC, the video appears to be from a 2020 protest over a murdered farming couple in the Kwazulu-Natal province, with the crosses representing murdered farmers over the years.

Trumpian diplomacy = fake videos! Henry Kissinger would be so impressed! Not!

This White House is just a friggin’ joke!

https://www.msn.com/en-ph/news/other/trump-s-latest-controversy-the-moment-he-insulted-the-south-african-president-to-his-face/ss-AA1Fh8rR

USA Today: Trump’s crypto dinner: Black ties, a Chinese billionaire and ethics questions

Referencing Trump’s business moves while in office, an ethics expert said, “His is one of the most blatant and appalling instances of selling access to the presidency I’ve ever seen.”

President Donald Trump dined with 220 investors who plowed a combined $148 million into his crypto venture, boosting the growing crypto industry and inviting a torrent of criticism about the ethical implications.

Black-tie dinners with the wealthy are nothing new for Trump. But this event, which took place on the evening of May 22 at his golf club in Sterling, Virginia, stood out among the annals of presidential dining.

The dinner with the president was a reward for making the leaderboard in a contest to be among the top purchasers of the $TRUMP meme coin, a type of cryptocurrency. The top 25 buyers spent more than $111 million and were granted a private VIP reception with Trump, while the top four also received a limited edition Trump Tourbillon watch that sells for $100,000.

This is corruption and influence-peddling at is finest. King Donald is for sale!

https://www.usatoday.com/story/news/politics/2025/05/22/trump-crypto-dinner-ethics-meme-coin/83787117007

MSNBC: Trump admin accepts jet from Qatar, ignoring legal restrictions and bipartisan pushback

Team Trump’s decision to accept the Qatari “gift” doesn’t end the controversy; it starts the controversy.

The Times’ report added that the Defense Department “has not given an estimate of when the work on the Qatari plane might be done, even though Mr. Trump and the White House have made clear the president wants it soon, perhaps even by the end of the year.”

What the president “wants” is likely to prove irrelevant: NBC News recently reported that converting the luxury jet will “take years to complete.”

Indeed, it’s worth emphasizing that the administration’s decision to accept the Qatari “gift” doesn’t end the controversy; it starts the controversy.

Now that this plan is moving forward, the president and his White House team should prepare for a series of questions for which there are no easy answers. Where will Trump find the money to pay for this “free” plane? Why does he keep pretending that this “gift” isn’t for him personally, even after he’s publicly suggested otherwise? How does Trump intend to overcome the seemingly obvious fact that the Constitution’s Emoluments Clause still exists, and it appears to prohibit exactly this kind of arrangement?

Why was Attorney General Pam Bondi involved in approving this process after having served as a paid registered lobbyist for Qatar? How does Trump plan to explain away his earlier condemnations of presidents accepting foreign gifts? Why is the president apparently indifferent to the fact that even many of his Republican allies have expressed opposition to this idea? Will Congress have any role in approving the transfer, as is required for such gestures of international generosity?

https://www.msnbc.com/rachel-maddow-show/maddowblog/trump-admin-accepts-jet-qatar-ignoring-legal-restrictions-bipartisan-p-rcna208306

Daily Express: Qatar prime minister insists $400m gifts are ‘normal’ between friends – like he and Trump

Qatar’s Prime Minister has claimed the country’s $400 million “gift” to President Trump comes with no strings attached.

The Prime Minister of Qatar has defended the country’s $400 million gift to President Donald Trump, saying that such exchanges between friendly countries are “normal”.

Mohammed bin Abdulrahman Al-Thani commented on the accusations that Qatar was gifting the jet to Trump just to get on the President’s good side, saying that the gift is simply a donation to another world leader.

Baloney!

We’ll find out eventually when they call in the favor.