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.
They’ve always been two sides of the same oligarch sandwich. The mask is just finally off. There are one or two good eggs like Bernie or Warren to make the party look good, but Dems are just shitty oligarchs that pretend to care while profiting just the same. Oil production was up under Biden, Harris loved fracking in her campaign, Pelosi rolled her eyes during a Biden State of the Union when he mentioned going after big business, it’s all just lies and bullshit for profit from both parties.
Sucks really, I genuinely thought they were the party of “Good” myself, or at least mostly good-adjacent by comparison, and worth fighting for to have a chance at functioning governance. The last 25 years have shown that was not really ever the case.