The Trumps are getting richer – the New York Times

Now that President Trump is back in office, his family benefits from his brand: at least 2 billion US dollars fell to Trump company last month. Companies include real estate, a cryptocurrency and a private club that is to be opened in Washington with a member fee of $ 500,000. Now Qatar can give him a new presidential aircraft.

The ethical chaos is obvious. Trump is both the chief commander of the boss And A business partner of foreign governments in Serbia, the United Arab Emirates and Oman. The White House says its sons are leading its companies so that there is no conflict. That is legal.

But Trump is still getting rich (or richer). And that makes the president incentives to dispose of his business partners with political decisions that are supposed to help him, as the law corruption defines. Today's newsletter is a tour of the latest offers.

Crypto

• $ Trump is the cryptocurrency of the family, which is belonged to the president and led by Donald Trump Jr. It has no inherent value in addition to what people will pay for it. The family describes it as a collector's item – like a baseball card. But every time someone buys a coin (currently worth 13 US dollars), the family receives a share. The President recently offered rewards. The top 220 buyers will be invited to dinner in his Virginia Golf Club next week. The top 25 buyers also get a tour in the White House. The winners of the competition spent at least 174 million US dollars for buying Dollar Trump coins.

• With an investment company, the United Arab Emirates put 2 billion US dollars into the new cryptocurrency outfit of the Trump family, World Liberty Financial. The company, to whose guide Eric Trump and Donald Trump Jr., will earn tens of millions of dollars a year from the investment.

Real estate

• Qatar has contributed to financing a beach golf and luxury villa project in Trump worth $ 5.5 billion. (We don't know how much it has contributed.) The family will earn millions of license and administrative fees.

• A real estate company in Saudi Arabia (with close relationships with the state of the country) invested 1 billion US dollars in the Trump International Hotel and Tower Project in Dubai. The same company plans to build other new Trump hotels, golf courses and luxury values ​​in Saudi Arabia and Oman. These are also branding offers that the Trumps pay millions of dollars for their names.

• During the Balkan Range, NATO bombed the Ministry of Defense of the Yugoslav defender in Belgrade. Now Serbia's president is renting the country to Trump's son-in-law Jared Kushner, who will build a Trump hotel on the site. Kushner's private equity company, which is mainly financed by the sovereign asset funds of the Middle East, will help to cover the project of 1 billion US dollars.

Other shops

• Airplane: Qatar plans to give the President an aircraft of 400 million US dollars so that he can use it one as a temporary air force. His presidential library will have the aircraft according to its presidency, says Trump.

• Member club: Donald Trump Jr. and other investors say that they will open the executive industry, a private social club, in Georgetown this summer. The members include lobbyists, Tech industry -Bigwigs and a scatter of officials from the White House such as David Sacks, who is Trump's crypto tsar. The cost of accession: 500,000 US dollars.

• Golf: LIV Golf, the new Golf League supported by Saudi Arabia, organized a professional tournament at Trump National Doral in Florida last month. The president arrived with a military helicopter to start him. The league is led by the head of the sovereign asset fund Saudi Arabia. The Trump family paid for the Trump family for the organization of the LIV tournament. The event also drove thousands of fans to the Hotel Resort and sold its rooms and restaurants.

• Hotels: While Trump's first term in office remained at Trump Properties and the Republicans organized events there. These payments were together in ten million dollars. Payments like this have resumed. For example, groups such as the Republican National Committee organized events in the Doral Resort and in the Mar-A-Lago Club.

For more: Trump drives ethics guidelines. The Republicans on the Capitol Hill seem to be unlikely to challenge him.

Below, Michael scissorsA Times correspondent, researches Trump's relationship with Saudi Arabia.

Trump visits the golf and meets with managers in the region. So far it has been a friendly trip: Trump and his colleagues in the Saudi royal family showed a curvature and even falling in love. Here are three reasons why Trump Saudi Arabia seems to love:

Gold, everywhere: I was in the group of reporters who traveled to Saudi Arabia as President in 2017. The opulence was overwhelming. But it was clear that Trump, who had a famous preference for gilded architecture, loved it.