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PBS News Hour - Segments

Critics accuse Trump and others of profiting from their positions

PBS News Hour - Segments

PBS NewsHour

News, Daily News

4.11K Ratings

🗓️ 14 March 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

It’s been less than two months since President Trump took office. In that time, Trump, his family and administration members have seen personal and financial gain in ways aided by their power and influence. This week, the president lined up Teslas at the White House to help Elon Musk as Tesla stocks plummeted. Laura Barrón-López discussed more with Don Fox. PBS News is supported by - https://www.pbs.org/newshour/about/funders

Transcript

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0:00.0

It's been less than two months since President Trump took office, and in that time, Trump,

0:06.0

his family and members of his administration have also seen personal and financial gain

0:11.0

in a number of ways that are aided by their power and their influence.

0:15.0

Our Laura Barone Lopez has more.

0:17.0

Earlier this week, President Trump lined up Tes's on the south lawn of the White House,

0:22.5

all to help out his friend and special government employee billionaire Elon Musk.

0:27.0

As Tesla's stock plummeted, the president holding a price list for different models,

0:31.3

said he would buy one of the cars.

0:32.9

That's the model Y.

0:34.9

That's a model Y.

0:35.9

So I have a lot of information that's putting the price.

0:38.3

Yeah.

0:39.3

I want to make a good deal here.

0:40.3

You know, I do notice this.

0:42.3

They have one, which is $35,000, which is pretty low.

0:47.3

What is that all about?

0:48.3

Yeah, I guess we want to make the point that Tesla's aren't all expensive.

0:52.3

You can get a Tesla for as little as $35,000.

0:55.5

The event is part of a pattern of conflicts of interest as the president and those close to him

1:00.5

stand to benefit from his time in office. Here to discuss is Don Fox, former acting director

1:05.5

of the U.S. Office of Government Ethics. Mr. Fox, thanks so much for joining us. So I want to separate out Elon Musk and President Trump.

1:14.0

First, did the president violate any laws or ethics rules with that White House sales event

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