Tuesday, August 12, 2025

How much is Trump pocketing off the Presidency?

 https://www.newyorker.com/magazine/2025/08/18/the-number

I’d suspected that my estimation of the family’s profiteering from the Presidency would disappoint the haters who saw Trump as a Putin-level kleptocrat. Yet some three and a half billion dollars in Presidential profits—even though my accounting is necessarily approximate—is a dizzying sum. I shared my tally with Gary Kalman, of Transparency International. He said that Trump’s profiteering resembles that of an Arab monarch: he treats his public office as personal property, as an asset that is his to exploit as if he owned it. Kalman said, “One of the differences between a monarchy and a democracy is that the President should not start to view the Presidency as his personal fiefdom.”

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