Donald Trump’s willingness to benefit from becoming president is “more shameless than ever” if possible.
Experts, Senators warn that Trump wants to make money from the presidency
Trump blurs the traditional lines and seeks personal wealth through crypto, real estate, true social and branded products during his presidency.
Senator Mark Kelly is pushing for a “final crypto corruption law” to prevent the president and other officials from profiting from crypto assets. Trump’s crypto-holdings, including his $Trump Memokine, represent a significant portion of his wealthy, raising concerns about conflicts of interests.
US Senator Mark Kelly has decided that there is no need to write words when it comes to pointing out Donald Trump’s willingness to use glyft using the US Presidential Office.
Kelly is one of the sponsors of what is called the “final crypto corruption law,” prohibiting the president, vice president, senior executive officers, members of Congress and their close relatives from issuing, approving or sponsoring crypto assets such as meme coins and stability.
As Kelly posted in a news release, “Trump has won the presidency and earned millions of people from his own crypto coins. This is daytime corruption. I support this bill and make it illegal for the president and other government officials to benefit from crypto assets.
Past time, actual.
Rich crypto buyers get exclusive access to Trump
Among other things, the action group of bipartisan state democracy advocates has released a report that Trump’s crypto-holdings account for almost 40% of his net worth.
There is much evidence about the “daytime corruption” that Kelly mentioned later this month.
Trump is inviting his personal $Trump Memecoin’s biggest holder of 220 for an exclusive dinner in Virginia on May 22. The top 25 have exclusive access to the president.
“Get dinner with President Trump and the $Trump community!” the invitation said. “Please let the President know how many card coins you own!”
“This is really incredible. They’re explicit about pay and play trading,” said Corey Frayer, who oversaw the Securities and Exchange Commission’s crypto policy during the Biden administration.
The $20 billion Emirati deal is blatantly unconstitutional
Noah Bookbinder, executive director of citizens for responsibility and ethics, said, “I don’t know if you’ve ever seen anything blatant like this memecoin dinner. This is even more shameless than ever for Trump, as the practice of putting money in his pocket and gaining access to the president is far from new.”
And dinner isn’t everything.
Trump and his two eldest sons have created a crypto business that is working on a $2 billion deal with Emirati companies.
Democrats U.S. Senators Elizabeth Warren and Jeff Merckley told the Acting Director of the Government Ethics Office, “If the transaction is completed, it represents a staggering conflict of interest that could violate the Constitution and pose an astonishing degree of foreign influence, and represent the potential of QUID professionals that could endanger national security.”
The federal regulations norms state that federal employees must not “hold financial interests that are inconsistent with the conscientious performance of their obligations.”
Trump escapes with “daytime rot”
Criminals can lose their jobs or be slapped.
Similarly, federal officials convicted of accepting bribery could be jailed between two and 15 years.
Bill Kelly supports it to block out glyfts that already exist.
But there’s little chance that this would come with Maga Republicans who control Congress and owe their loyalty to Trump rather than oath of office.
That’s why Trump is happy to commit his “daytime corruption.”
Reach Montini at ed.montini@arizonarepublic.com.
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