#emoluments
5 entries with this tag
The "Spy Sheikh" Paid $500M for 49% of Trump's Crypto Firm, Then Got 500,000 AI Chips
Per the WSJ: Sheikh Tahnoon — UAE national security adviser, nicknamed the "Spy Sheikh" — paid $500 million for a secret 49% stake in World Liberty Financial, signed by Eric Trump four days before the inauguration. Months later, the U.S. approved 500,000 advanced AI chips per year to the UAE — a deal Biden had blocked. A fifth go to Tahnoon's own AI firm.
Accepted $400M Luxury Jet from Qatar
Trump accepted a $400 million Boeing 747 luxury jet from Qatar to be used as Air Force One — though CNN revealed his administration had actually approached Qatar first. The upgrade will cost taxpayers up to $1 billion.
$7.8 Million from Foreign Governments While President
House investigators documented $7.8 million from 20 foreign governments flowing to Trump businesses during his presidency — China alone paid $5.6M. CREW estimates the true total at $13.6M. Trump never sought required congressional consent.
3,700+ Conflicts of Interest
Trump never divested from his businesses, accumulating over 3,700 documented conflicts of interest during his first term. Foreign governments, lobbyists, and GOP groups spent money at Trump properties to curry favor.
Tried to Host G7 at His Own Struggling Resort
Trump announced the 2020 G7 summit would be held at his own Trump Doral resort — whose income had dropped 69%. Even Republicans couldn't defend it. He reversed course within 48 hours.