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4:34Now PlayingIt wasn’t that long ago that Republicans were loudly screaming that Joe and Hunter Biden may have used their name to make a few million dollars – which was never illegal in the first place, but Republicans still wanted the “Biden Crime Family” convicted for it. Fast forward to today, and experts have been left in shock after learning how many BILLIONS Donald Trump has made since assuming office, and Republicans are dead silent about the outright profiteering that Trump is engaging in. Ring of Fire’s Farron Cousins explains what’s happening.
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*This transcript was generated by a third-party transcription software company, so please excuse any typos.
Last week when Donald Trump was caught wandering around the roof of the White House, he, uh, you know, started yelling at reporters that were asking questions, and he told them about the $200 million ballroom he was building, and he said something to the effect of, the money is either gonna come from him, which, no, it's absolutely not, or it's gonna come from, you know, contributions. And he said, I pay for everything. I don't let others pay for me. And that includes, he said, donating my entire salary, which nobody ever wants to talk about. And yeah, during his first term, it was reported that Donald Trump donated his $100,000 quarterly salary, $400,000 a year, uh, to various different things, $400,000 a year for somebody who claims to be worth billions and billions of dollars. And we're supposed to get excited about that. We're supposed to be in awe over the fact that you're donating your salary this time around too.
And nobody wants to talk about it. Nobody ever gives me credit for it, is actually what he said. Well, here's the thing. The reason you don't get any credit for donating $33,000, you know, a month is because you're making hundreds of millions of dollars a month off of the office of the presidency. In fact, a new report out this week from the New Yorker has finally put a total on that sum. Donald Trump, since being sworn in as president of the United States, has raked in $3.4 billion, $3.4 billion since becoming president through projects and deals that he has made while president. It's not like this is just passive income because people are renting rooms at Mar-a-Lago. It's because he is actively profiteering while serving as president. And here's the list. By the way, many payments now flowing to Trump, his wife and his children, and their spouses would be unimaginable without his presidencies. A $2 billion investment from a fund controlled by the Saudi Crown Prince, a luxury jet, uh, jet worth $400 from the Emir of Qatar, profits from at least five different ventures, peddling crypto fees from an exclusive club stocked with cabinet officials and named Executive Branch. Meanwhile, Donald Trump Jr. Said in a recent meeting that when it comes to foreign deals, the Trumps will no longer lock themselves in a proverbial padded room because it almost doesn't matter. They're going to hit you no matter what.
Well, at least Junior is admitting like, Hey, yeah, we're gonna be corrupt, but we're gonna be very transparent about our corruption. And of course, that is just a partial list. We also know that Donald Trump, as part of his so-called trade
Deals, has been working with other countries to get business deals for himself as well. Vietnam is a great example. Vietnam didn't want tariffs. Trump wants a Trump Tower resort in Vietnam. So Vietnam said, Hey, listen, um, don't put tariffs on us and we'll go ahead and just fast track your project. We won't do environmental reviews, we won't have public comment. Uh, we'll just give you all the permits you need to start building. And they agreed. Same thing with countries in the Middle East. You know, the, the 2 billion investment from Saudi Arabia was actually just one of two, $2 billion investments that has Crypto company got Eric and Don Jr. At least Eric, maybe Don Jr. Actually have gone over there and secured other business deals for their family's com uh, company.
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