Open for business: Trump abandons pretense of ethics for second term

Trumpland with Alex Wagner

NBC News

News, Society & Culture

4.5 • 1.2K Ratings

🗓️ 6 December 2024

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

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Summary

Donald Trump has made clear that his company will be pursuing business opportunities in other countries while he is president and making decisions about the relationship between the U.S. and those countries. Meanwhile the people he is choosing to run his administration are consistently conflicted with responsibilities that overlap with their own interests.

Transcript

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0:00.0	So today started with great news, really great news for any foreign entities that would like to
0:06.0	shovel cash at President-elect Donald Trump.
0:10.1	The New York Times reports today that the Trump Organization is planning to operate under a
0:14.2	different set of ethics rules than it did during Trump's first term in the White House.
0:19.1	Specifically, the Trump Organization plans to
0:21.2	continue making foreign deals despite the fact that Trump will be the president of the United
0:26.7	States. The Times reports that in the months leading up to Election Day, the Trump
0:30.8	organization's de facto leader, Eric Trump, was busy striking up real estate deals in
0:36.4	Vietnam and Saudi Arabia and the United Arab Emirates.
0:40.8	And now, Eric Trump reportedly has his eyes set on more deals in other countries in the Middle East and Latin America and Asia.
0:48.0	What could go wrong?
0:51.2	Now, I know we are in a slowly boiling pot here.
0:54.5	After all, Trump is already selling guitars and Bibles and gold sneakers and silver coins and $10,000 watches and NFT trading cards and cryptocurrency and and and and and and and and and and and and and
1:15.5	and and and.
1:16.5	The list of ways to funnel money into Donald Trump's pockets just goes on and on and on.
1:22.3	But this new reporting for the Times shows that even though Trump is about to become the most
1:27.1	powerful person
1:27.8	in the free world, he and his companies are still open for business. And we are already just
1:33.5	seeing just how problematic that is. This week, the Washington Post reported that Chinese businessman
1:39.9	Justin's son invested $30 million in Trump's cryptocurrency.
1:45.0	The math of all of it is a little complicated, but this effectively means that a Chinese
1:49.4	businessman just pumped more than $22 million of profit into Trump's company.
	...

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