From Bonds to “The Presidential ATM”: How Trump Turned the White House Into a Cash Machine
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A series of financial disclosures has revealed a shocking truth: President Trump has turned his public office into a massive profit engine.
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Over $100 million in bonds purchased
Since taking office in January 2025, Trump disclosed more than 600 bond trades worth over $100 million, including investments in Citigroup, Morgan Stanley, Wells Fargo, Meta, Home Depot, T-Mobile, UnitedHealth Group, and even local government bonds and infrastructure projects (The Guardian, Reuters).
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The presidency as a family profit center
An investigation by The New Yorker and The Daily Beast found that the Trump family has exploited his presidential position to amass an estimated $3.4 billion in personal wealth. This includes over $230 million in cryptocurrency, real estate ventures in the Gulf states, shipping privileges, luxury gifts such as private jets from Qatar, and lucrative tourism and licensing deals (The New Yorker, The Daily Beast).
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At first glance, these trades look like safe, routine investments. But many of the companies and governments involved could directly benefit from Trump’s policies. While technically “legal,” the conflict of interest is glaring.
The bigger scandal is not the paperwork—it’s the systemic conversion of presidential power into private revenue streams. The family is cashing in everywhere possible, from crypto to real estate. The $3.4 billion figure is not just money—it’s a warning sign that the presidency has become a family business.
When the highest office in the land is used as an ATM, the line between public duty and private gain collapses. Ordinary officials are held to strict ethics rules, yet the president himself bends them with impunity. This undermines trust in government and corrodes democracy itself.
The presidency was never meant to be a family’s personal hedge fund. Trump’s bond trades may be legal on paper, but combined with the billions in family profits, they reveal a dangerous reality: the White House has been repurposed as a private bank account for one family’s empire.