Hi there, everyone. It's 4 o'clock in the east. Well, Donald Trump may not know how to keep algae out of his much-belly-hooed renovation of the reflecting pool or negotiate a lasting peace deal with Iran or, for that matter, lower prices for American families.

One thing he does know how to do rather expertly is milk every last

dime from the presidency and then some. A disclosure form filed last night shows that Donald Trump

raked in billions in the first year of his presidency alone. The New York Times summarizes the

report this way, quote, Trump reaped a stunning windfall in his first year back in the

White House, including about $1.4 billion from his family's cryptocurrency businesses, according to a new

filing. All told, the president pulled in at least $2.2 billion, a figure that includes other parts of

his vast holdings, such as his real estate assets.

That compares to a minimum of $622 million, his enterprises pulled in for all of 2024 before

returning to the presidency. The president's family business, the Trump org, has also capitalized

on Trump's popularity in certain parts of the world,

licensing the Trump name to properties in countries that are crucial to U.S. foreign policy interests,

including Saudi Arabia and Qatar. It is not an exaggeration to say that Donald Trump has profited

off the presidency in a way that is completely without precedent

in the entire history of the United States of America. On that, the New York Times writes this,

quote, generally throughout history, American presidents have taken actions to try to separate

themselves from corporate entanglements that might create conflicts. Quote, public office,

if anything, was a source of debt, not a source of revenue, said one historian. Trump and his family

have done the opposite, creating new business ventures that are profiting from actions Trump has taken

since returning to the White House, something that the Trump family has done

without obfuscation or shame. In an interview with the New York Times, shortly before his

father took office, Eric Trump, whose own wealth has gone up tenfold, defended the Trump family

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