NYT Details Trump’s ‘Breathtaking’ Scheme to Turn Presidency Into a Personal Cash Machine

Staff Writer
U.S. President Donald Trump. (Archive photo)

Donald Trump hasn’t just used the presidency for power — he has turned it into a money-making machine. That’s the core of a blistering new New York Times report detailing how Trump is leveraging his time in office to line his own pockets in ways the paper calls “breathtaking.”

In a deeply reported piece published Sunday, NYT chief White House correspondent Peter Baker laid out how Trump and his family have raked in massive amounts of money — not through donations or campaign fundraising, but through direct personal and business gain.

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“The Trumps are hardly the first presidential family to profit from their time in power,” Baker wrote. “But they have done more to monetize the presidency than anyone who has ever occupied the White House.”

“The scale and the scope of the presidential mercantilism has been breathtaking,” He added. Among the highlights Baker points to:

Trump collected $320 million in fees from a newly launched Trump-branded cryptocurrency.
He has brokered overseas real estate deals worth billions while still in office.
He’s opening an ultra-exclusive members-only club in D.C. called The Executive Branch, charging $500,000 per membership — all launched in just the past few months.

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And that’s not all.

Just last week, Qatar gifted a luxury jet, valued at $200 million, for Trump’s future use — including for his presidential library. The gift, officially given to the U.S. Air Force, stands as the most expensive foreign gift to a president in U.S. history, blowing past all past records combined.

Trump also recently hosted a private dinner at his Virginia golf club for 220 investors in the $TRUMP coin. Their ticket in? How much cash they invested — not into his campaign, but into a private business that personally benefits Trump.

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Even some of Trump’s usual allies are slamming him for it.

Ben Shapiro, Laura Loomer, and Tucker Carlson have all criticized Trump’s behavior, joining voices on the left who see this as a clear abuse of power.

But the White House is denying any wrongdoing.

“The president is abiding by all conflict of interest laws that are applicable to the president,” said press secretary Karoline Leavitt. “The American public believes it is absurd for anyone to insinuate that this president is profiting off of the presidency.”

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Not everyone agrees.

Fred Wertheimer, a longtime government ethics watchdog, put it plainly: “There’s nothing in the history of America that approaches the use of the presidency for massive personal gain. Nothing.”

“He’s in the hall of fame of ripping off the presidency for personal gain,” he concluded.

Bottom line: Trump didn’t just blur the line between public service and personal profit — he erased it.

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