#self-dealing
19 entries with this tag
The President Posted a Meme of Himself Trading Stocks From Behind the Resolute Desk and Profiting Off Intel — a Company He Personally Bought Shares In and His Own Government Has Propped Up — Captioned "I Do This for Our Country, Not Myself," a Claim That Is False on Its Face Because the Money Is His: He Made $2.2 Billion in 2025 and Ran About 3,600 Stock Trades Worth Over $100 Million in a Single Quarter
In September 2026, Trump posted a meme on Truth Social depicting himself at the Resolute Desk, studying trading screens across four monitors and profiting from a rise in Intel's share price, over the caption: "I do this for our Country, not myself." In an accompanying post he wrote: "I've made Hundreds of Billions of Dollars on Stocks, and many other type Holdings, for the U.S.A., not myself, and all I do is get criticized by the Radical Left Dumocrats." The boast is self-refuting in two ways. First, personal stock profits are, by definition, personal — they accrue to Trump, not to the country, so "for the Country, not myself" describes the opposite of what stock trading does. Second, the choice of Intel is self-incriminating: Office of Government Ethics filings show Trump personally bought Intel shares earlier in 2026 (between $50,000 and $100,000 on February 3, and more on March 11, 13, 17, and 23), even though the U.S. government itself acquired a 10% stake in Intel in August 2025 — the textbook conflict of interest that presidents have historically avoided by placing assets in a blind trust, which Trump has not done. The scale is staggering: about 3,600 stock trades in the first quarter of 2026 alone, worth more than $100 million, and a 2025 financial disclosure showing $2.2 billion in income. His "hundreds of billions" is itself an exaggeration of even that enormous figure. The president is not hiding the profiteering; he is turning it into a meme and daring anyone to object.
For Over a Year, Trump Officials Have Quietly Directed the Park Service to Carve a Strip Out of Yosemite National Park and Hand It to a Private Real-Estate Firm — Giving the Developer's Adjacent 83 Acres the "Exceptionally Rare" Private Road Access That Would Make Its Value "Explode" — and the Firm's CEO Began Making Monthly Donations to Trump and the GOP the Same Year He Bought the Land
According to reporting broken by NOTUS and confirmed by the Washington Post and others, the National Park Service has spent more than a year quietly working to fulfill what one account calls an "unprecedented" directive from Trump officials: to parcel off a roughly quarter-mile strip inside Yosemite National Park and transfer it to a private developer. The beneficiary is Kingsbarn Realty Capital, a real-estate private-equity firm that in 2024 bought 83 acres just outside the park — for about $4 million, through a limited-liability company called "Sanctuary at Yosemite." Kingsbarn's CEO, Jeff Pori, wants to build a short road connecting that private land to one of Yosemite's central roads, which would hand his property "exceptionally rare" private access to a national park and, in the words of one person familiar with the talks, make its value "explode." Here is the "guess who benefits" part: Pori, who had no history of donating to national political campaigns before October 2024, began making monthly donations to the Republican Party, Trump's campaign committee, and associated PACs between 2024 and 2025 — the same window in which he acquired the land and the administration began pursuing the deal. Nothing about the transfer is finalized, and the timeline stops short of a proven quid pro quo. But the shape is unmistakable: a new Trump donor stands to receive a piece of one of America's crown-jewel national parks, at an enormous private windfall, through an unprecedented use of federal power to benefit a single company.
The Ballroom Trump Promised Would Cost $200 Million and Be Paid For by Him and Private Donors Has Ballooned to Roughly $900 Million in White House Construction — Now Primarily Billed to Taxpayers, With About $500 Million Reportedly Diverted Without Congress's Approval, After the Historic East Wing Was Demolished to Build It
When Trump announced his White House ballroom in July 2025, the White House said it would cost about $200 million — and that Trump himself and unnamed private donors would pay for it. A Washington Post investigation published August 12, 2026 found the reality: the administration is now set to spend at least $900 million — roughly $927 million — on White House construction, and it is primarily taxpayers, not Trump or donors, footing the bill. The figure covers the roughly 90,000-square-foot ballroom (built where the historic East Wing was demolished), a new South Lawn helipad, and the paving-over of the Rose Garden. The cost has more than quadrupled from the promised $200 million, climbing to $600 million by June 2026 and past $900 million by August. Reporting indicates roughly $500 million in taxpayer funds was diverted to the projects without congressional approval — Congress holds the constitutional power of the purse, and appropriating public money to a president's vanity construction without its sign-off is exactly the kind of end-run that power exists to prevent. Trump defends the ballroom as a secure, modernized venue with bomb shelters and hardened communications. But the through-line is simple: a president promised to build a monument to himself on his own dime, tore down a piece of the People's House to do it, and then sent the public a nine-figure bill it never agreed to pay.
They Did It Anyway: Trump Media Launched the Truth API Exactly on Schedule on August 1 — Selling $100,000-a-Month Early Access to the President's Market-Moving Posts — Days After Senators Referred It to the SEC as Illegal Insider Trading and a Former SEC Official Called It "Misappropriated Information"
When Trump Media unveiled the Truth API — a paid feed selling banks and high-frequency traders a millisecond head start on the president's market-moving Truth Social posts for up to $100,000 a month — the objections were immediate and bipartisan in their substance. Senators Elizabeth Warren and Adam Schiff wrote to the SEC on July 29 calling it "an outrageous abuse of the President's office for his personal benefit that undermines everyday investors and the integrity of our markets." Rep. Ritchie Torres pressed the SEC on what he labeled the "insider trading API." Renée Jones, a former top SEC official, told NPR the arrangement appears to run afoul of insider-trading law: "If the president's Truth Social posts are being monetized, and if some people get special access to them, that's misappropriated information." None of it mattered. On August 1, 2026 — on schedule, without modification — the Truth API went live. Institutional clients now receive the president's posts before the public, and the president's company collects the fees. The launch is its own, separate scandal from the plan to launch: it is the moment the administration was told, in writing, by U.S. senators and former regulators, that a product might be criminal insider trading and monetized state power — and shipped it anyway, betting that an SEC run by Trump's own appointees will never investigate the president's own company. The going-live, over the objection, is the point.
Trump's Media Company — Which He Owns Nearly 60% Of — Will Sell Wall Street a Millisecond Head Start on His Own Market-Moving Truth Social Posts for Up to $100,000 a Month, Letting High-Frequency Traders Trade on Presidential Announcements Before the Public Even Sees Them
Trump Media & Technology Group unveiled "Truth API," a paid, licensed data feed that gives banks and high-frequency trading firms "the fastest" access to posts from the 10 most influential Truth Social accounts — Trump's being "by far the most prominent" — delivering them to paying clients up to a thousandth of a second before the public gets them. The fee runs up to $100,000 per month, or $60,000 a month on a three-year plan. It launches August 1, 2026, and the company says it has already signed up customers, including high-frequency trading firms and financial news organizations. The value is obvious and specific: Trump's posts routinely move markets. On April 2, 2025, his "Liberation Day" tariff post helped send stocks down nearly 5%; days later, "THIS IS A GREAT TIME TO BUY!!!" — announcing a 90-day tariff pause — sent them up 9.5%, adding $4 trillion to the S&P 500; his June 2025 "THE CEASEFIRE IS NOW IN EFFECT" post instantly moved oil. Selling a head start on those announcements to the fastest traders is, in effect, monetizing advance access to U.S. government policy. Ordinary conflict-of-interest law would bar a federal official from owning a company that profits off his office — but the president and vice president are explicitly exempt from that provision, and Trump owns roughly 60% of Trump Media (a stake worth about $2 billion on paper, held in a revocable trust controlled by Donald Trump Jr.). Ethics experts were blunt. Kathleen Clark of Washington University: "He's selling expedited, privileged access to information about what he is doing as president... yet more brazen corruption, an improper exploitation of government power to enrich himself." The Project on Government Oversight's Dylan Hedtler-Gaudette: "It's odious, selling access to the highest bidders." The move comes as Trump Media flails — DJT stock is down roughly 70% since he took office, closing around $9.66 against a pre-inauguration price near $40, with losses topping $1 billion — making the one asset that still reliably prints money the presidency itself.
A Judge Voided the Sham Lawsuit Trump Filed Against His Own IRS to Launder Himself Tax Immunity and a $1.776 Billion "Anti-Weaponization" Slush Fund for His Allies — Finding "Bad Faith," No Real Case, and Referring Acting AG Todd Blanche for Discipline Two Days Before His Confirmation Hearing for the Permanent Job
On July 13, 2026, U.S. District Judge Kathleen Williams (an Obama appointee in the Southern District of Florida) issued a scathing 56-page order voiding the settlement of Trump's lawsuit against the IRS and referring his lawyers — including Acting Attorney General Todd Blanche — for disciplinary action. The backstory: in January, Trump and his two eldest sons sued the IRS for $10 billion over the leak of his tax returns. In May, "both sides" settled — except both sides were Trump. As president he controlled the IRS he was suing. The settlement created a $1.776 billion "anti-weaponization fund" to pay Trump allies (premised on January 6 and classified-documents claims) and, via a memo Blanche signed and quietly added to the DOJ announcement, granted Trump, his family, and his businesses sweeping immunity from IRS audits and other federal claims for past conduct. Nearly three dozen former federal judges from both parties — including Bush appointee J. Michael Luttig — intervened, calling it "the product of collusion" and "a fraud on the court." Williams agreed: "there was never adverseness between the Parties; there was never a case or controversy; and there was never a question as to who would prevail." She found Trump and his sons "acted in bad faith," said the tax-amnesty order "directly contravenes" the federal law barring presidents from influencing audits, and noted the $1.776 billion figure "speaks of a 'branding' effort rather than a deliberate and thoughtful calculation of damages." She was "extremely troubled" by Blanche's congressional testimony, calling one answer "at best, misleading and, at worst, disingenuous." She referred Blanche and Associate AG Stanley Woodward to the New York and D.C. bars (where disciplinary proceedings are already underway), referred private attorney Alejandro Brito to the Florida Bar, limited attorney Daniel Epstein's practice, voided the agreement so it can never be cited in any proceeding, and ordered sanctions. She closed by quoting John Adams: "Facts are stubborn things." The ruling landed two days before Blanche's Senate Judiciary confirmation hearing to become permanent attorney general.
Florida Renamed Palm Beach International Airport After Trump While He Is Still in Office — the First Sitting President Ever to Get One — Changing PBI to "DJT" at a $5.5 Million Taxpayer Cost, Imposed by the Legislature Over Community Objections, With Trump Keeping Control of His "Name, Likeness and Image" at the Airport
On July 9, 2026, Palm Beach International Airport — which had carried that name for over half a century — officially became "President Donald J. Trump International Airport." The FAA identifier code changed from PBI to DJT. It makes Trump the first sitting president in U.S. history to have an airport named after him; the dozen other presidential airports (JFK, Reagan National, George Bush Intercontinental) were all named after their namesakes left office. The renaming was not a grassroots decision by the local community — it was imposed from above by the Republican-controlled Florida Legislature, which passed HB 919 along party lines (House 81-30, Senate 25-11), signed by Gov. Ron DeSantis in March, giving the state authority to name "major commercial service airports." The airport sits about four miles from Mar-a-Lago. The change cost an estimated $5.5 million, with $2.75 million allocated in the state budget. Travelers interviewed at the airport were blunt: "I think it's disgusting, ridiculous, pompous and a lot of other bad things," said Florida resident Pat Brown. "I resent that the name is on every institution that we have, this included," said Phyllis Malmuth. Rep. Lois Frankel called it "a clear overreach," noting airports are "traditionally designated once they leave office and through decisions made by local communities — not imposed from above." Eric Trump crowed that his father's plane was the first to land at 5:01 a.m. and that he would "forever be proud to see the initials DJT on my boarding pass." The Trump Organization says the family will collect "no royalty licensing fee or financial consideration whatsoever" — but Trump retains control over any use of his "name, likeness, image and biographical information" at the airport, letting his organization dictate how he is presented on signage and photos. On the same day, a Tennessee bridge was also renamed after him.
Trump's Former Defense Lawyer Signs Order Making Trump "FOREVER BARRED" From IRS Audits — Federal Law Says the President Can't Do That
Acting AG Todd Blanche — Trump's former personal defense attorney — signed a one-page addendum to the IRS settlement declaring the government is "FOREVER BARRED and PRECLUDED" from auditing Trump, his family, trusts, or businesses on any past tax returns. Federal law gives the IRS independent audit authority that the AG has no power to waive. A long-running audit could have cost Trump $100M+. His former lawyer just erased it. Public Citizen called it illegal. An NYU tax law expert called it "a breathtaking abuse of the tax and legal system."
Trump's WLFI Team Borrows $150M USDC Against Its Own Token — 97.8% of Dolomite's Cap
Per Arkham research, Trump's World Liberty Financial team is lending $406.23M of its own WLFI tokens across 2 wallets — 4.99% of total supply and 97.8% of Dolomite's entire WLFI cap — and using that position to borrow $150M USDC against $400M of their own token. Real dollars out, self-issued token in.
Vought Diverted $15M in Humanitarian Aid for Personal Security Detail
OMB Director Russ Vought — who architected the gutting of USAID — was found using $15 million in USAID humanitarian aid funds to pay for his personal security detail of 12+ U.S. Marshals.
Pardoned Binance Founder After $2B Crypto Deal
Trump pardoned Binance founder CZ who had pleaded guilty to money laundering as part of a $4.3B settlement. The pardon came after a $2B deal linked Binance to Trump's own crypto company. Trump then claimed "I don't know who he is."
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.
$220 Million No-Bid DHS Ad Campaign Starring Kristi Noem
$220M in no-bid taxpayer-funded "self-deportation" ads featured Noem on horseback at Mount Rushmore. One contractor was created 11 days before receiving $143M. The key subcontractor's CEO was married to the DHS official who funded the contracts.
Musk's $15.4 Billion Conflict of Interest Running DOGE
Elon Musk's companies hold $15.4 billion in government contracts while he runs DOGE, targeting 70%+ of agencies where he has contracts. He filed no ethics forms. Trump said Musk would identify his own conflicts — the fox guarding the henhouse.
$TRUMP Memecoin Grift
Three days before inauguration, Trump launched the $TRUMP memecoin. It soared to $13 billion market cap then crashed, earning the Trump family $320M+ in fees while 764,000 investor wallets lost a combined $2 billion.
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.
Trump Foundation Dissolved for Illegal Self-Dealing
The Trump charity was dissolved by court order after a "shocking pattern of illegality." Trump used foundation money to buy a portrait of himself, settle business debts, and make an illegal political donation to the AG investigating Trump University.
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.
Kushner-Ivanka Nepotism and Security Clearance Override
Trump installed his daughter and son-in-law in senior White House roles despite anti-nepotism laws, then overrode intelligence officials to grant them top-secret clearances. Kushner later received a $2 billion Saudi investment.