- United States
- Iowa
- Letter
Donald Trump's continued business dealings while serving as president raise serious concerns over conflicts of interest and potential violations of the emoluments clause of the Constitution. The launch of a cryptocurrency ETF by his company further blurs the line between Trump's private financial interests and public role. This ETF will directly hold major cryptocurrencies, with Trump's firm profiting from its management. Additionally, the president has pushed for crypto regulations that could boost adoption and benefit his personal investment portfolio. Such self-dealing and intermixing of policy with profiteering is highly unethical. There must be a clear separation between the president's public duties and private business ventures to maintain integrity and avoid corruption. I urge you to investigate these actions which appear to violate the constitutional prohibition on presidents receiving emoluments from foreign states or the federal government beyond their salary. Strong oversight is needed to uphold democratic principles and prevent exploitation of the presidency for personal enrichment.