President Donald Trump’s eldest son, Donald Jr., is opening a new exclusive club in Washington D.C. And he’s making it clear that only a certain kind of Republican is welcome.
The Daily Beast reported Monday that the new club, which will be called “Executive Branch,” is tailor-made for the MAGA crowd — and its founders are making it clear that traditional conservatives and journalists will be barred from entering. David Sacks, who the Beast described as Trump’s “crypto czar,” told the New York Times he wants to make sure that the type of conservatives who frequent other GOP-oriented D.C. clubs will be turned away at the door.
“To the extent there are Republican clubs, they tend to be like more Bush-era Republicans as opposed to Trump-era Republicans,” Sacks said. “So we wanted to create something new, hipper, and Trump-aligned.”
Tag Archives: Zach Witkoff
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
Telegraph: ‘It’s open season for corruption’: How Trump turned the White House into a cash cow
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
Mediaite: Trump Confronted on Air Force One by NY Times Over $2 Billion Crypto Deal
President Donald Trump was confronted aboard Air Force One by New York Times White House reporter Jonathan Swan over a $2 billion foreign deal that’s being paid for with Trump crypto.
Trump is currently on a four-day swing through the Persian Gulf region with stops in Saudi Arabia, Qatar, and the United Arab Emirates, which has been dogged by the controversy over his eager acceptance of a $400 million “flying palace” from Qatar to serve as Air Force One.
The trip has also drawn attention to Trump’s family businesses, including the cryptocurrency firm World Liberty Financial.
That company’s USD1 currency was selected by state-owned UAE firm MGX to pay for a $2 billion investment in Binance earlier this month. The deal was announced by WLF co-founder Zach Witkoff, son of Trump Middle East Envoy Steve Witkoff.
Trump plays dumb:
JONATHAN SWAN: An Emirati government-backed firm did a $2 billion deal using the Trump digital coins. How did that deal come about?
PRESIDENT DONALD TRUMP: I don’t know anything about it. I really don’t know anything about it. But I’m a big crypto fan, I will tell you. I’ve been that from the beginning, right from the campaign. I’m a believer in crypto.

Manila Times: Trump family Gulf empire grows
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.”