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    Home»Opinions»Opinion | Donald Trump Is Selling the White House to the Highest Bidder
    Opinions

    Opinion | Donald Trump Is Selling the White House to the Highest Bidder

    Ironside NewsBy Ironside NewsApril 27, 2025No Comments8 Mins Read
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    No presidential administration is totally free from questionable ethics practices, however Donald Trump has pushed us to a brand new low. He has achieved that by breaking each norm of fine authorities, usually whereas enriching himself, whether or not by pardoning a felon who, collectively together with his spouse, donated $1.8 million to the Trump marketing campaign; selling Teslas on the White Home driveway; or holding a non-public dinner for speculators who buy his new cryptocurrency.

    Mr. Trump’s blatant transgressions have swamped these of any fashionable president and even these of his first time period. Bear in mind the outrage when he refused to divest his monetary holdings or when he used a Washington resort he owned as a form of White Home ready room? These strikes appear quaint compared.

    In his trampling of traditionally acceptable habits, Mr. Trump seems to be pursuing a number of agendas. Private enrichment stands out: Think about another president accumulating a lower of gross sales from a cryptocurrency marketed together with his likeness. There’s the best way he’s increasing his powers: He has ignored or eradicated giant swaths of guidelines that might have inhibited his freedom of motion and his potential to place trusted acolytes in key roles. After which there’s rewarding donors, whether or not by pardons or favors for his or her shoppers.

    I used to be working within the Washington bureau of The Instances when Richard Nixon resigned, and even he — taken down by his efforts to cowl up his misdeeds — didn’t have interaction in such an enormous array of sordid practices.

    The corruption of Trump 2.0 has not gotten the eye it deserves amid the barrage of stories about Mr. Trump’s tariff wars, his assault on scientific analysis and his senior appointees’ Sign textual content chains. However self-dealing is such a defining theme of this administration that it must be referred to as out. Like a lot that Mr. Trump has finished in different areas, it proclaims to the world that America’s leaders can now not be trusted to observe its legal guidelines and that affect is up on the market.

    Simply as within the post-Nixon period, when guardrails have been established to stop transgressions, the following president might resolve to revive among the sound authorities practices that Mr. Trump has trampled on. However the harm he has inflicted by, say, pardoning his donors or lining his personal pockets is irreversible.

    The under represents only a sampling of what’s transpired these previous 100 days.

    He Eradicated Guardrails

    • He turned a respectable federal worker designation right into a loophole. By giving senior officers reminiscent of Elon Musk the title “particular authorities worker,” Mr. Trump prevented necessities that they publicly disclose their monetary holdings and divest any that current conflicts earlier than taking jobs within the administration.

    • He ended bans that stopped govt department staff from accepting presents from lobbyists or looking for lobbying jobs themselves for at the least two years.

    • He loosened the enforcement of legal guidelines that curb overseas lobbying and bribery.

    He Fired Potential Resisters

    • He dismissed the pinnacle of the workplace that polices conflicts of curiosity amongst senior officers.

    • He jettisoned the pinnacle of the workplace that, amongst different issues, protects whistle-blowers and ensures political neutrality in federal workplaces.

    • He purged practically 20 nonpartisan inspectors basic who have been entrusted with rooting out corruption inside the authorities.

    He Rewarded His Wealthiest Donors

    Rewarding donors is a part of any presidential administration. Each president in my reminiscence appointed supporters to ambassadorships. However once more, Mr. Trump has gone a lot additional.

    • Jared Isaacman, a billionaire with deep tentacles into SpaceX, gave $2 million to the inaugural committee and was nominated to move NASA — SpaceX’s largest buyer.

    • The convicted felon Trevor Milton and his spouse donated $1.8 million to the marketing campaign and Mr. Milton obtained a pardon, which additionally spared him from paying restitution.

    • The lobbyist Brian Ballard raised over $50 million for Mr. Trump’s marketing campaign, and Mr. Trump handed major victories to 2 Ballard shoppers. He delayed a U.S. ban on China-owned TikTok his first day in workplace and killed an effort to ban menthol cigarettes, a serious precedence of tobacco firm R.J. Reynolds, on his second.

    Mr. Musk, the Tesla and SpaceX billionaire who spent $277 million to again Mr. Trump and different Republican candidates, requires his personal class.

    As a particular authorities worker, Mr. Musk is meant to carry out restricted providers to the federal government for not more than 130 days a 12 months. By legislation, no authorities official — even a particular authorities worker — can take part in any authorities matter that has a direct impact on his or her monetary pursuits. That felony statute hasn’t stopped Mr. Musk and his so-called Division of Authorities Effectivity from interacting with at the least 10 of the companies that oversee his enterprise pursuits.

    • He installed a SpaceX engineer on the Federal Aviation Administration to assessment its air visitors management system. The F.A.A. is reportedly contemplating canceling Verizon’s $2.4 billion contract to replace its getting old telecommunications infrastructure in favor of a SpaceX’s Starlink product. (SpaceX has denied it’s taking on the contract.)

    • SpaceX is a leading contender to safe a big share of Mr. Trump’s “Golden Dome” missile protection undertaking, an effort that would contain billions of income for the winner.

    • X, Mr. Musk’s social media outlet, has turn into an official source of government news. The White Home welcomed a reporter from the platform at a current briefing, and at the least a dozen authorities companies began DOGE-focused X accounts.

    • As Mr. Musk’s political actions began to repel many potential prospects of Tesla, his electrical automobile firm, Mr. Trump lined Tesla autos up on the White Home driveway and extolled their advantages. Then Commerce Secretary Howard Lutnick urged Fox Information viewers to purchase Tesla shares.

    • DOGE practically halved the crew on the Nationwide Freeway Site visitors Security Administration that regulates autonomous autos. The company has been investigating whether or not Tesla’s self-driving know-how performed a task within the demise of a pedestrian in Arizona.

    He Went All In on Cryptocurrency

    Critics of crypto argue that it has demonstrated little worth past enabling felony exercise. Regardless of this, Mr. Trump has wasted no time eliminating regulatory oversight of the trade on the Securities and Change Fee and the Justice Division, whilst his household grows ever extra invested in it.

    By enabling cash to be delivered anonymously and with none financial institution participation, crypto affords the likelihood for any particular person or overseas state to funnel cash to Mr. Trump and his household secretly. Furthermore, Bloomberg Information not too long ago estimated that the Trump household crypto fortune is nearing $1 billion.

    • On the eve of his inauguration he launched $TRUMP and $MELANIA memecoins — a sort of crypto derived from web jokes or mascots. Subsequent, the S.E.C. introduced it could not regulate memecoins. Then final week, Mr. Trump supplied a non-public dinner at his golf membership and a separate “Particular VIP Tour” to the highest 25 traders in $TRUMP, inflicting the worth of the forex to surge and enriching the household. (That tour was initially marketed as being on the White Home. Then the phrases “White Home” disappeared, however the remainder of that prize remained.)

    • The S.E.C. eradicated its crypto-enforcement program, ending or pausing practically each crypto-related lawsuit, attraction and investigation. That features the civil suit towards Justin Solar, a crypto entrepreneur who had individually bought $75 million price of tokens tied to Mr. Trump’s household after the election.

    • The S.E.C. additionally suspended its civil fraud case towards Binance, the large crypto alternate that pleaded responsible to money-laundering violations and allowed terrorist financing, hacking and drug trafficking to proliferate on its platform. Quickly after, the corporate met with Treasury officers to hunt looser oversight whereas additionally negotiating a enterprise cope with Mr. Trump’s household.

    • World Liberty Monetary, a crypto firm that Mr. Trump and his sons helped launch, said it had sold $550 million price of digital cash. A enterprise entity linked to him will get 75 p.c of the gross sales.

    • The Trump household has mentioned it’s going to accomplice with the Singapore-based crypto alternate Crypto.com to introduce a collection of funds comprising crypto and securities with a made-in-America focus.

    • The federal authorities’s “crypto czar,” David Sacks, Mr. Lutnick and Mr. Musk all have connections to the market. (Mr. Musk named DOGE after a memecoin.)

    He Is All the time Closing

    • Mr. Trump is reportedly on his approach to elevating $500 million for his political motion committees — extremely uncommon for a president who can’t run for re-election.

    • A brand new Trump Tower is underway in Jeddah, Saudi Arabia’s second largest metropolis, with plans for 2 extra initiatives for the dominion announced after Mr. Trump’s November election victory, all in partnership with a Saudi firm with shut ties to the Saudi authorities.

    • Mr. Trump’s crew requested about bringing the signature British Open golf event to his Turnberry resort in Scotland throughout a go to of the British prime minister, Keir Starmer, to the White Home.

    • He posts news-making bulletins on Reality Social, the corporate during which his household owns a major stake.

    It’s all a sorry and sordid image, a president who had already set a brand new normal for egregious and doubtlessly unlawful habits hitting new lows with metronomic regularity.



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