White House, Inc., the Trump business
BarcelonaCan you imagine if the president of the Spanish government, Pedro Sánchez, or the French president, Emmanuel Macron, quadrupled or quintupled their wealth during their term in office? Many of the corruption cases we are experiencing in this country, despite being extraordinarily serious, might seem like amateur games compared to Donald Trump's practices since he arrived at the White House. This first year in office, he has continued doing business (he and his family, directly or indirectly), despite being president and applying a very mercantile diplomacy and international policy as well.
As Lindsay M. Chervinsky, a historian and executive director of the George Washington Presidential Library at Mount Vernon, states in a report by the New York Timesreported by ARA, “public office, in any case, was a source of debt, not income.” Throughout history, in most cases, presidents have tried to avoid any appearance of personal or family gain or moves that could be seen as a conflict of interest.
Trump, with his tendency to turn the White House into a family business, has done the opposite of most of his predecessors: he has created new business ventures that are benefiting from the actions the Republican leader has taken since returning to the presidency of the United States. The highest authority in the US has earned about 1.4 billion dollars from cryptocurrency businesses that have directly benefited from his decisions as president. In summary: he has implemented policies in favor of these crypto-assets that have brought him great returns. Thanks to these practices, Trump's income last year soared and stood at a minimum of 2.2 billion, much more than the 622 million dollars he had in 2024, before regaining the office he lost in 2021.
In addition to the patriarch's businesses, the businesses of his elder sons, Eric and Donald Jr., stand out, with recent investments in military contractors, prediction market companies, or companies designed to raise millions of dollars in federal aid to build mines that supply critical minerals. With this distinction or separation that leaves the businesses in the hands of his descendants, they argue that there is no conflict of interest. Curious, after having turned the White House into a kind of public limited company, which, as can be seen, works more for the benefit of its occupant than for the citizenry as a whole.
