The White House says the president is ā€˜not involved’ in running his businesses. Ethics experts remain concerned

Donald Trump has been accused of ā€œcorruption, plain and simpleā€ after it was revealed that a member of the Emirati royal family was behind a $500m investment into the Trump family’s cryptocurrency company.

Ethics experts say the deal – struck just days before the US president’s inauguration last January – amounts to a deep conflict of interest for the White House, amid calls for a congressional investigation into the transaction.

Months after the deal, the Trump administration announced that the United Arab Emirates would be allowed to import 500,000 of Nvidia’s powerful AI chips – overriding concerns that the deal could eventually allow China access to the technology.

  • SaveTheTuaHawk@lemmy.ca
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    4 days ago

    Last year the New yorker researched a story where Trump was set to personally gain $30B by 2026.

    What a very old man with bad health is going to do with $30B is a whole other discussion.