Summary

Donald Trump has launched a cryptocurrency, $TRUMP, sparking ethical concerns as he profits directly from purchases.

Critics, including Sen. Elizabeth Warren, warn this creates conflicts of interest, with Trump benefiting from a largely unregulated industry while overseeing federal crypto policies.

The move, coupled with First Lady Melania’s $MELANIA coin, led to financial losses for some supporters.

Some Republicans dismissed the issue as free-market risk, while Sen. Richard Blumenthal argued it may violate the Constitution’s emoluments clause.

GOP lawmakers remain focused on Biden-related investigations, ignoring Trump’s ventures.

  • sumguyonline@lemmy.world
    link
    fedilink
    arrow-up
    3
    arrow-down
    1
    ·
    3 months ago

    I won’t get tired of saying it until I see someone on Tv repeat me, then I’m probably doubling down, I don’t care if it takes 100yrs. Republicans and Democrats are the problem, democrats refused to reel in the supreme court or add term limits, nothing! They allowed four whole years without abortion being codified into law as a personal right, they refused to even try to disparaged the supreme court ruling that the president is immune to prosecution while acting on behalf of the United States. It’s not just GOP turning a blind eye to the pillaging of our republic and middle class.