The White House says the president is ānot involvedā in running his businesses. Ethics experts remain concerned
Donald Trump has been accused of ācorruption, plain and simpleā after it was revealed that a member of the Emirati royal family was behind a $500m investment into the Trump familyās cryptocurrency company.
Ethics experts say the deal ā struck just days before the US presidentās inauguration last January ā 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 Nvidiaās powerful AI chips ā overriding concerns that the deal could eventually allow China access to the technology.
āThe White House says the president is ānot involvedā in running his businesses.ā
That really doesnāt change anything, at all. I assume Trump has some ownership stake in his businesses. Thatās the conflict of interest. Whether you run the business, or have someone do it for you, doesnāt change anything.