Trump's Alleged Profiting Off Presidency: A Forbes Reporter's Analysis
Forbes Breaking NewsDecember 7, 20252 min2,240 views
6 connections·9 entities in this video→Shift in Profiting from the Presidency
- 🎯 The reporter asserts that any restraint Donald Trump showed in profiting off the presidency during his first term has vanished in his second.
- 💡 While the first term saw unusual activity, such as events at the Trump DC hotel and potential conflicts of interest with companies like T-Mobile, it lacked the blatant co-opting seen now.
Examples of Profiteering
- 🧼 A notable example from the first term was a bar of soap sold online and at the Trump Hotel gift shop with a White House depiction, which was walked back after reporting.
- 👕 In contrast, Trumpstore.com, which initially focused on golf merchandise, now features a '45 47' presidential merch line, pushed out even before election concessions.
Misuse of Presidential Symbols
- ⛳ The presidential seal, which was reportedly considered for use at a Trump golf course during the first term but denied, is now being used at five or six golf clubs.
- 🎛️ This includes its appearance on items like beer pong balls, indicating a willingness to co-opt the presidency.
Lack of Repercussions
- ⚖️ The reporter suggests that the willingness to use presidential symbols and profit more openly stems from the lack of repercussions during Trump's previous term.
- 🚀 Because they "got away with a little bit" last time, there's an increased readiness to do more this time around.
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Donald TrumpPresidencyProfiting Off PresidencyTrump HotelPresidential SealTrump OrganizationTrumpstore.comPresidential MerchConflicts of InterestForbes
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