Post Reports Trump’s new businesses — and new potential conflicts of interest
Dec 17, 2024
Jonathan O’Connell, an investigative reporter for The Washington Post, dives into Trump's latest business ventures, including Truth Social and World Liberty Financial. He uncovers how these enterprises could lead to unprecedented conflicts of interest as Trump navigates regulations in a potential second term. O’Connell also discusses the Emoluments Clause and its implications for Trump's actions, shedding light on public sentiment towards his financial landscape and ethical standards. The conversation provides a compelling look at how personal investments may intertwine with presidential responsibilities.
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Presidential Exemption
- Presidents and Vice Presidents are exempt from standard conflict of interest rules.
- These rules apply to other federal government employees.
Past Presidential Norms
- Past presidents, like Jimmy Carter, placed assets in blind trusts to avoid conflicts.
- Trump deviates from this norm, creating new ethical challenges.
Truth Social's Value
- Trump's Truth Social stock is his most valuable asset, exceeding his real estate holdings.
- Its value comes from both potential future growth and its association with Trump.