- United States
- Wash.
- Letter
You need to open a formal investigation into Donald Trump's use of the presidency as a personal revenue stream. His federal financial disclosure — all 927 pages of it — shows he made approximately $2 billion since taking office, with at least $1.4 billion coming from the cryptocurrency industry alone. That includes $636 million from a memecoin called $TRUMP, which ran from a few dollars up to $70 before insiders cashed out and left over one million ordinary investors holding near-worthless coins. Those investors lost a combined $3.8 billion. This is not a gray area. It's a pump-and-dump scheme run from the Oval Office.
The foreign entanglements are just as alarming. Trump's sons run World Liberty Financial, a crypto firm that took millions from the UAE, with Trump personally receiving 75% of all token sales. Qatar handed over a $400 million Boeing 747. Saudi Arabia's sovereign wealth fund put $2 billion into Jared Kushner's private equity firm. These are not coincidences — they are payments flowing to the president's family from foreign governments while he holds office.
Congress has both the authority and the obligation to act. Subpoena the financial records, hold public hearings, and pursue accountability through every legislative tool available. Trump has effectively sold shares in the presidency itself. That cannot go unanswered.