The White House says the president is ‘not involved’ in running his businesses. Ethics experts remain concerned

Donald Trump has been accused of “corruption, plain and simple” after it was revealed that a member of the Emirati royal family was behind a $500m investment into the Trump family’s cryptocurrency company.

Ethics experts say the deal – struck just days before the US president’s inauguration last January – amounts to a deep conflict of interest for the White House, amid calls for a congressional investigation into the transaction.

Months after the deal, the Trump administration announced that the United Arab Emirates would be allowed to import 500,000 of Nvidia’s powerful AI chips – overriding concerns that the deal could eventually allow China access to the technology.

    • WhatAmLemmy@lemmy.world
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      This just in! Everything Trump has ever done is the most depraved criminal corrupt rapist pedophile con artist antichrist shit you’ve ever heard in your life…

  • Mohamed@lemmy.ca
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    “The White House says the president is ‘not involved’ in running his businesses.”

    That really doesn’t change anything, at all. I assume Trump has some ownership stake in his businesses. That’s the conflict of interest. Whether you run the business, or have someone do it for you, doesn’t change anything.

  • TrickDacy@lemmy.world
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    The White House says the president is ‘not involved’ in running his businesses.

    Lol yeah so believable. In 2015, not only did truth itself die, so did the concept of evidence. The right wing in particular now just says shit and they act like there is no such thing as evidence. They don’t bother proving anything. If pressed, they just say more bullshit. Closest they come to evidence is their media sometimes will either make up fake evidence or pretend evidence means something it absolutely doesn’t, but they usually avoid these things too. They’d rather just say shit. And the trump base has trained them that it works. Just say shit. Call a nurse a terrorist. Claim there’s a conspiracy to replace the white race. Only evidence you need is that it makes you feel something you want to feel.

    • Kirp123@lemmy.world
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      The Emoluments clause was dead the moment they let him get away with keeping his companies in the first term. What is happening now is just consequences of that and it’s too little too late.

  • SaveTheTuaHawk@lemmy.ca
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    Last year the New yorker researched a story where Trump was set to personally gain $30B by 2026.

    What a very old man with bad health is going to do with $30B is a whole other discussion.

  • Asafum@lemmy.world
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    “Donald Trump isn’t involved in the business, Donald Trump Jr. is! They’re totally different people and in no way have any sort of connection!”