Takeaways from the AP’s reporting on Trump’s business deals
July 18, 2025
From crypto coins to bibles, overseas development deals to an upcoming line of cellphones, President Donald Trump’s family businesses have raked in hundreds of millions of dollars since his election. That flood of money — from billionaires, foreign governments and cryptocurrency tycoons, often with interests before the federal government — has permitted the president to leverage the power of his office for personal gain unlike any of his predecessors. The sums collected are far greater than those made by the family during Trump’s first term, when patronage of his hotels and other properties was de rigueur to curry favor with the famously transactional commander-in-chief.
