Trump's White House Has Been A Money-Making Machine
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- เผยแพร่เมื่อ 24 ส.ค. 2024
- Although Donald Trump handed over control of his businesses to his sons, the president still collects on their profits. Here's how Trump's White House is a money-making machine.
In their recent financial disclosure forms, Donald Trump, Ivanka Trump and Jared Kushner reported more than $500 million in income.
That income came from their hotels, golf courses, clubs and merchandise sales. It came from long-established businesses and newly formed ones.
No modern president has profited this way during his time in office.
Predecessors like Ronald Reagan, Bill Clinton and George W. Bush put their assets in blind trusts to avoid conflicts between their financial interests and the public interest. Trump did not.
He announced in January 2017 that he would step away from his businesses by putting his sons Donald Jr. and Eric in charge of them. But he stepped away only from their management, not their profits.
As president, Trump has promoted those businesses with his presence relentlessly. During his first 514 days in office, he visited Trump properties on 159 of them.
At least two American embassies abroad have promoted Mar-a-Lago, the president’s private club, on their websites. A national park in Virginia has offered Trump wine for sale.
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Trump's White House Has Been A Money-Making Machine | CNBC
America was ripe for the picking, so it's being picked.
Bill Clinton’s net worth went from 700k to 250 million, I’m sure that was all legal 😂
That his net worth his library holds collections from his presidency he doesn’t have 250m in cash grow up
Corrupt Trump Said He Was Going To Make More Money Than Bill Clinton !
@@denisebell9301 He somehow lost 4 billion dollars.
And Jimmy Carter was forced to sell his family peanut farm because of *just the possible appearance* of conflicts of interest!
Whiskey Tango Foxtrot!
Areanyusernamesleft Carter was president when I was in the military and posted in Washington DC I ran into severe trouble with republican officers in the military who sanctioned and punished me for being a 18 year old kid who didn't understand that politics was so rampant in the military I was from California and had no political agenda nether democratic or republican but was a live and let live thinking person I supported the president because he was the president but soon found my ass in a sling from High ranking military officers who hated the democrats and I was not racist and had friends who were non white it was my education in partisan politics. And the beginning of my mistrust of the government. But jimmy Carter was a good hearted and intelligent underestimated man probably one of the most decent people to hold the office of the presidency in a long time he seemed weak to the right wing and the country but there is no doubt he was a good man. Regan beat him in the next election and the rest is history I have a definite bias against the republicans but don't agree with the democrats ether I guess I'm middle of the road on many issues both parties have become corrupt and can't be trusted just two sides of the same corporate coin .
You are right !! It makes no sense. How is it that Trump gets away with all HIS CRIMES BEFORE HE BECAME PRESIDENTAND THE CRIMES HE COMMITS NOW.
I had to like dis comment 😅😅😅😅
I do not know exactly know what you are talking about. Name 3 what? I write so many notes that I do not remember.@shellrim
@shellrim Sadly, I can name you some. The Trump Foundation was used as a checkbook for the en tire Trump family. It was closed and Trump had to pay 8.4 million. He used 20,000 I think to have a life-size picture made of himself. I could write a large paper on his crimes. He has had to use hundreds of lawyers. The family used all kinds of tax evasion schemes so Trump and his siblings got millions. He went bankrupt 10 times and stiffed his workers. Look up The Trump University and how it left many students disillusioned and broke. I wish I could say that Trump is who he says he is, but he is not. it is very sad. I have watched him lie on you tube hundreds of times. What hurts me the most is he deceives the Christians. Why won't he release his tax returns like other presidents? Why won't he allow Congress to see his business papers???? I have thought so much about your comments. and what bothers me most is that people trust him.
Apparently it's now a crime to make money. (Fyi most of those people were all using his hotels already)
Weird none of that scratch went into the wall
No, but what ever happened to Bannon stealing the money from his fake wall building fundraiser.
He uses the White house like social media, he thinks of it as a money making platform. Kind of like the drama channels, get a bunch of people worked up, and then capitalize on their emotional nature, the desire to be involved. Gets views, gets dollars, gets social media presence, gets you money. Sad thing he is teaching a generation to behave like him, doesn't matter at all about who you are as a moral person, but more about presentation and exploitation. Sad.
Your Brain Dead. You must have had a sad life because you hang on Trumps every move. You're Addicted. You can't or won't move on so there is a real reason why you attack.WE SEE YOU
sorry hun but you meant you're ( combining the words "you" and "are". ) stop smoking meth, things might make more sense after that Wayne! :) That is the most delusional paranoid response I have ever heard.
Oiy! lol but you don't😁😂
HeatherRose 36 America deserves what they get and become
I was a 60's radical who fought 4 free speech & fought to change the establishment & to spread love & peace & wouldn't have even thought of spewing hate calling all conservatives racists & Nazis with death camps for Mexican children. That's why 49% of us Democrats (not DemocRATS) support Trump now. It's great to see people coming together again believing in something instead of standing for nothing. Peace. Love.
Of coarse the white House is making money.Trump Train pulling the money train.Fits perfectly.Thankyou MR Trump for caring about the American people.Love and appreciate you
A crime family. Money laundering is a key profit centre.
The Clinton Family
You can't launder money from charging membership fees and service related fees. Money launder is from illegal enterprises I.e drugs ,human trafficking, robberies etc... if your making money off your properties then I don't see the crime
You realize Donald trump net worth has decreased by 1 billion since he has ran for president.
Trump lost 400mil last year due to falling property value only 54 million was due to business distancing themselves from his damaged image.
Guy Goodwin: you nailed it 100%. an example: 9 named launderers each with dozens of bank accounts using "street names" for offshore transactions without even for the asking. blacklisted. UNSC 2371. and our wonderful media didn't want to pull the curtain back so folks can see a bunch of CPA's and bank officers... sitting at the controls... instead we got all kinds of nonsense about 2 Great Leaders and the offshore stuff was subsumed as the same ol same ol "economic sanctions". it wasn't. just the same as food chain "issues" [not just food supply, this time around] are subsumed by our media as.... Ice Slowly Melting. not just because the other stuff is more titillating... i.e. on your thesis.... it ain't just Kim Jung Un who uses offshore accounts.
that's not a conspiracy theory. it's accounting also. "organizational behavior", every B school undergrad had to take it at Northeastern U. when I was there. two quarters using the Harvard case study method. we called it "Oh Bee".
The US deserves all it gets.., Trumps presidency will forever remain as a reminder for the time when America fell asleep at the wheel.
Fell asleep at the wheel and the end of Dummicrats and the beginning of Donald Trump. Ha ha ha ha ha ha!
Francis Godinho dummicrats? Shows your to stupid to use actual English.
Too bad that he is very likely gonna get re-elected
formhubfar No. It happened long before him. Wake up and read.
+formhubfar... "The US"
Not the US. Just those who voted for Trump, and all his enablers in the government. Unfortunately, we will all suffer because of them.
He's in it for him and his families best interest. When the truth hits him he will need all his hidden biz and money.
A country who prides itself on making money and business hating on a guy who's actually good at it is hilarious
EMOLUMENTS! 😡
Yet despite all this, a Special Council is needed to confirm this.
shellrim
I’m sorry. But your comment is an incoherent mess. Can you try and write it in a way that doesn’t look like a bot made it?
God bless President Trump and God bless us us all love from NZ
The question is why the other politicians decide to stay at the Trump hotels and not the other hotels?
"The land of the LAW" - LMFAO
This alone should give us enough room for an impeachment. How can you support a president that thinks his position stops the Constitution from acting on him?
Salomao Serra you should get a hobby.
@@mgtazco and you should do your research before saying anyone's silly.
How about Hillary getting away with the worst crimes for decades and she is not president!
No one cares about tax returns and bs he has produced results for America not seen in decades
Wake up idiot
@@danielkirkland3366 You're the idiot here, kid.
This is MORE THAN ENOUGH FOR AN IMPEACHMENT PROBE.....
This is an OUTRAGE! I demand those diplomats stay at the Clinton Hotel.
I'm so upset that Trump has all these businesses and employees so many people. It's a shame more people have jobs because of him.
Hey CNBC first you argue that he isn't as rich as he actually is...now you are saying he's too rich and makes too much money?! What's it going to be next week?
Anything, as long as they feel it makes him look bad... Funny part is, it doesn't. It only reveals what incompetent idiots they are. :D
There's a huge difference between millionaires and billionaires or before DT's presidency and during presidency. Go back to elementary school since you can't count & don't have common sense on time.
Hey Nick Cup, since you think he's so good with money, why not ask him about all the spending increases along with how much the space force is going to be along with now the taxpayer funded wall?
Just force him to pay back to our country all he and his family has stolen, and erased his image from history books to make him happier
All my post was pointing out was the hypocrisy of CNBC and their selective outrage. I never made that argument Richard, You did. And guess what? - I agree with you. There is conflict of interest. Is he exploiting it? that's debatable. We'll see what the final audit says, not what CNBC says.
Make American Graft Again [TM]
#MakeAmericanGraftAgain
#MAGA
@Illunworth chump for prisoner 2021!! 🤣
It's always pay to play. Everyone who is upset about this should also be upset about Obama and Hillary during the previous 8 years for doing this too, just in a sneakier way.
You can't say trump isn't smart. He is a genius at money making
But he only makes money for himself. Investors, banks, taxpayers, shareholders... everybody gets screwed except for him.
Keep that money rollin! Capitalism is a beautiful thing. Trump 2020.
It’s his money, so It shouldn’t. I make mine, he makes his. Thanks to his tax cuts I’ll be making more too.
Jake Ross no it won’t what he’s doing is illegal
Louis rodriguez how so?
We see that money rollin but what's happening to all the morals we used to have. Everything is about money now even if you give up your common decency for others and respect for your fellow citizens
hope u save all of your money jack cuz whn trumps economy finally hits us you will be giving it all back in health care premiums and cost of living. Im glad u don't care about anyone but yourself but then again at the end rome was the same way lol
and we all know how that turned out
isn't that a violation of the emoluments clause? Isn't that an impeachable offense?
Poop Loop
I was under the impression that each congressmen took an oath to the Constitution, not to the President or to their respective political party...
Poop Loop
I know that's how it works right now. I'm certain that wasn't the intention of the founding fathers; allowing an abuse of executive power by a complicit congress of the same party affiliation.
Poop Loop
I guess what I'm saying is often the right thing isn't whats popular. Nobody seems to have a spine or remember the oath they took to their office.
James Oxford I’d say wait till 2019, if Democrats have Majority.
James Oxford It would only be impeachable if he was literally taking our money and putting into his businesses.
Which he isn't, He is more like "I am president of USA, might as well promote my business"
AS A NEW YORKER, it's disgusting that he gets away w/blatant violations
... Trumps wealth decreases every year since being in office?!
Will all this profit have valve in hell
If he wasn't going to follow constitutional direction and authority, why did they even allow him to a to assume office? On day one he failed to defend the Constitution
Are we making this much of a fuss over The Clinton Foundation?
What did you expect him to get rid of every financial asset/business by going into office? He knew this would be the case an that's why he only earns $1 a year by being the president. Also due to his campaign and victory as the president of course his name is growing. Literally hundreds of hours of free advertisement of his name and brand has been pumped out and somehow its his doing? If someone cared enough about his life and family outside the White House maybe they should quit talking about him so much in the first place.
Do his supporters understand any of these? No.
Dim Bose shut up
Dim Bose no they still think he's a straight-shooting
real estate broker from New York what a bunch of morons.
Dim Bose no they do not because they only watch fox
With trump more than 2 million illegals were removed, with him america withdrew from trans-pacific partnership, with trump Americans finaly recieved huge tax reform, he has been tough on russia, he pulled out of horrific iran nuclear deal, has removed obamacare mandate, and it is only a fraction of great things he had done so far, so i think i am ok with him making money as long as he continues to be great president. He might not be the best president ever, but he is certainly better than hillary and other candidates.
Egor Levin most individuals don't see anything from that reform. What was so bad about the Iran agreement?
The more I see of Trump, the more I intend to vote for him. Build the wall.
Anyone hating doesn't realize that TRUMP has made the country better
This is a hit piece
make him look like a winner, he can't stop winning
You mean a truth piece
Justin Scali Fitting for the the trump mob family and syndicate.
Hey Never-Trumpers, You are also passionate against Trump and his supporters. Question for you-do you all support open borders the way the left now does? Also do you agree with Congressman waters that members of trump’s staff should be personally harassed?
Also does it bother anyone that the Obama family net worth went from aroun $1 million in 2008 to about $40 million?
Hey forgotten Americans. Keep laying the human rails for Trump's gravy train.
TomTheTruckdriver th-cam.com/video/6cYZ8dUgPuU/w-d-xo.html
Oh those deplorables are happy to do it as long as drumpf keeps saying they’re the superior race. How pathetic.
John Doe Even the hardcore alt right don’t believe in such a thing as “a superior race”. Stop shilling for shekels. th-cam.com/video/Fl4bLwVFgyQ/w-d-xo.html
TomTheTruckdriver will do....their gladly laying down and taking it!!!
You know nothing about Trump as a person. Clean up your own back yard before you judge others!
GASP!!!! His businesses made money without him!!! GASP!!!!!!
He is really brave i want him to be the president.
Might as well paint that White House in gold!
Some people will believe anything .
To bad liberalism is a mental illness .
丁氏云梦 but then you can’t call it the White House
White gold...
C. Wayne Okay platinum it is!
wil scott Found the Cult follower
So what's the issue?
The founding fathers called it illegal- EMOLUMENT Clause.
+Bj Davenport ;; founding fathers didn't mention the POTUS's kids running the family business either . 😆
wil scott And you think he isn’t telling them what to do? He’s their boss
Envy. Envy is the Big Issue in america right now.
Really?
He makes millions and only paid $750 in taxes as a private citizen I would be in prison right now
Your children will read in their history books that this was the most transparent white house in American History
Well Forbes said he lost money last year so which one is it?
Oiy! Great one there can`t stop laughing #MAGA
That Forbes report dealt with the value of his properties that he owns excluding his golf courses which increased in value. This is video is about actual money that he is making.
He still in office.. WHY?
CONGRESS GET THEM OUT
Because the rep Congress doing the same
I will never buy anything trump or stay at a hotel with his affiliation. I would rather sleep in a garbage can
And That's Exactly Why Some Republicans Voters Against Trump Spoke Loud And Clear His Rude Disrespectful Mouth !
Really? This man is smart. Doing what no president has done before. Smart.
Perhaps true. He said be may be the only president to make money out of the Office.
What’s that? Making the world laugh at us?
annonymous commentor you mean defrauding every possible avenue or individual or charity? He's a conman and he'll be gone soon enough! Good riddance to bad rubbish
Bot bot
What a man. Go President Trump.
I’m curious how much his properties charge guests that travel with him, like the secret service and advisors. If he’s gathering his people to go to his properties and charge them he’s forcing his administration to spend tax payer money to give back to himself. Massive conflict of interest if this is what’s happening.
Forgot to mention he donates his salary. He makes a lot of money off his fame... So what! He's saving us a lot more money with his policies. He makes money and we save money. America wins.
That is peanuts comparing to how much money he is bringing in to US! LOL
Fake news
Where's the fake part benny?
REPLY
grational trump is good!!
grational as always these Trump supporters are stuck on stupid. They seem to only support the law when it's not Trump possibly doing anything illegal. He's President he can' do no wrong in there eyes. Really sad to see America fall to such stupidity. It sadly reminds me of the film idiocracy.
Nevar StormDragon whats your thoughts on imagination splitting family’s up?
Ben Hargest well first off type a coherent sentence. However if you are talking about separating families at the border it is wrong and immoral. I'm all for following and enforcing the law however that doesn't mean that compassion and empathy can't be used in interpretation of the laws. Without that we are no better than robots blindly following programing. Also before you say but Obama did it to. Just don't this is the here and now. If he truly was doing it to the extent Trump has reported which no federal document backs up by the way, then it was still wrong. I don't care if the President is a Democrat, Republican, Independent or whatever else party. If they are doing something inhumane and morally wrong it's wrong. There is no debate for that.
They all are corrupt but he at least cares about the country too. Everyone that works is getting richer. If it was Burney, he would be rich and everyone else would be poor, equally poor. They are acting like he's forcing people to stay at his hotels. I'm glad he's making more money. He's the best president we've ever had.
So? Trump 2020,2024
Richard Walker Dictatorship.
and i thought African leaders were corrupt
making money is not illegal
JogBird if it directly related to ur job in government it it
JogBird Impropriety is.
sure it can be.
sure it is,,if your trump, lots of illegal ways to make money,,ask trump
Woooooowwwwww!!!!
Don't hate the player, hate the game. YOLO, T-money!
America is better than that, he should be held accountable for his greed.
All the hate will only make me vote republican all the way.
Why? Is it cool for Republicans to disrespect important clauses in our Constitution? You're making decisions based on hate, not on rational thinking. That's scary.
Brad Mulley trump surporters have no rational thought they base everything on hate ......
clara Hurley we base it on facts
Brad Mulley Democrats are trying to ban guns so STFU Democrats are against the Constitution!
William Flores
The constitution is outdated. When it was written, they did not take into account the technological advancements of the future.
We support our President 100%
Now that's someone I can call, my president.
But also the first President to donate his Government Salary. He also gave up his stake in stocks. I don't think he is doing anything wrong.
Not the first, He's the third or fifth. The last president to do so was John F. Kennedy
tRump has made close to 175 million since taking office and it's off of being president. That's corrupt.
Yeah a money making machine for America
you mean a money taking machine
Nick Henry, I can’t believe republicans have sold out their country. I also can’t believe that they still think they are the party of Lincoln. Unless you actually study history, and find out that Lincoln maybe wasn’t as clean as everyone thinks he was.
Sure, hes manipulating the stock market too..i usually wait for him to open hes big mouth ...and swing trade 30,000$ for a quick 2-3k profit
Not my president until I see that tax return
Do you know how to read a tax return?
Hate to say it but he is your president
Fred , did you ask to see obungas birth certificate ?
Fred Fred you’re going to get more because of the tax reform
My 401k is up 43%. I got a raise for the first time in 9 years. I bought all new appliances for my wifes kitchen with my Yuge tax return. Planning to buy a new car this " Years End" sale. But yeah, I'm with you on his tax returns,.... NOT!
We cannot allow this to be normalized. Trump must be held accountable for his crimes, but it's scary thinking that he has now packed courts with his own appointed judges...
And I’m sure he’s getting himself a nice tax break while the rest of America is barely making it
Sounds like fake news
Where's the fake part army?
REPLY
Trump is a smart guy,.
No doubt.
Ivan Drago yes he is he knows the best ways to make money with his presidency.
Smart enough to take personal advantage of trusted position requires only an average intelligence.
He would be out of office in any sane Country!
Best president ever. And the smartest 👏👏👏🇺🇸🇺🇸🇺🇸😃😃😃😃
Is anyone else tired of being told what to believe in? Trump wins again in 2020!
you've probably never cared about facts. you're not "tired" of it, you're just propagandized. you never put an effort into independent thinking in your life.
doublestrokeroll you must be one of those millions of Americans who was so easily influenced by Russian bots on facebook spreading lies about Hillary Clinton during the 2018 election.
michael lawton mate it 2018, stop talking about Hillary, we know she lost now what? Is that your only excuse like every Trump supporter?
Believing whatever you want to believe is stupid.
No one is telling you what to believe, they’re just presenting facts.
Is this what you want in a presidents
Incredibly credible and credibly incredible!
So he’s enriching himself thru the White House?! Sounds like an oligarchy, not democracy!
When people say his words are unprecedented it just tells me they do not know history all that well at all
As you said. Away from management. Only profits. What’s wrong with that. He’s the first president who has this kind of revenue. So relax
NO---it's illegal like treason is illegal!
It's not competitive either. IT IS SELF DEALING. IT IS SELF MANAGED. YOU AN THE REST ARE A F-IN MORONS.
Oyi Wow you're obviously an MBA in economics though it does sound like you googled basic economics right here considering the relevance of supply and demand graphs(mind the plural) to the subject at hand. Unless of course if you consider that the sudden uptick in some of Trump's business's is simply due to a genius and acceptable marketing stunt attributable to Trump making it to the presidency .
An assistant accountancy clerk might warn you as to the problems inherent to sudden price fluctuations unjustified by any matching fluctuation in the markets base parameters that could very well be concealing untoward supplemental transactions. The afore mentioned assistant might further warn you that blatant discrepancies as to very comparable business models would reinforce mightily such suspicions .
It so happens that some Trump businesses do not achieve (to say the least ) quite as miraculous increases in pricing . The ex Trump branded hotel in Panama , and a score of golf courses do not exhibit such phenomenal success , and there is a common parameter to those strange discrepancies : none of these businesses offer payable, direct, and very private access to the president.
Some people call this probable cause of influence trafficking , now Trump might just be innocently taking advantage of some people's gullibility , however the presidents very comprehensive approach to some Chinese phone giant company troubles and the subsequent handoffs from the Chinese government to trump brand interests suggest otherwise
david mathews no don't relax! He is President to make MONEY not for the good of the COUNTRY! America will be destroyed (Revelation 18) and Trump is the PERFECT man to do it!!
Joyce Duncan ; how is it you need revelations (18 an improbable number) to figure out what lays in plain sight
i like donald trump lol look what we had 8 years ago ohh i mean no jobs. give the man credit he is dammmmmm smart
That was because of G.W.Bush...remember? Holy cow. It's true that those who fail to remember history will be doomed to repeat it! Obama saved this country But then again, as a businessman and economist I have to Remember.
Are you drunk.
disgusting, this has to come to an end.
You are all so mad about this and how he’s making all this money. There’s three things everyone forgets.
1.He declined the presidents salary income saying he doesn’t what it.
2.If he is making money then that means someone has got to be employed and he’s giving jobs thus making others money
3.If it’s his companies then it’s his companies who cars if he’s president or not? It’s his profits.
All the liberals can’t actually sit here and say they would not do the say thing...if you started a real estate business that was making millions no way you would say I don’t want to make the millions anymore guys because I’m president lol you would all be saying I am taking the profits because I built the companies long before I was president.
Name me one president who didn’t care about money
DrMD Obama didn’t care .
+Angelo ; right , obunga just gave your money to Iran , to build nukes...
He's a boss
a MOB Boss
Bj Davenport learned from the best. His father Fred and his mobbed up Lawyer Roy Cohn .
Bryan. You forgot to add 'baby'.
We elected a business fan man. Period.
Business man
He's getting richer.. deal with it. His sons are running the company. Love a brothers success not spite in it
CNBC is jealous.
Ivan Drago is true trump is trying to use its position to gain and screw others
Ivan Drago And your jealous you can't admit you got coned by the don.
Jealous of the ability to abuse an elected position to make money? How does that make sense? CNBC is a network, not the “highest position in the land”.
Unethical, but not illegal.
This needs to go viral.
How can he be our President if he does'nt even work for the Country only himself.
Well, we elected a Billionaire businessman. He is just showing us how its done. Watch and learn
You could learn this from any crooked thief, but you'll do time for it eventually.
No, no thank you; I'd rather do it honestly.
+Rocco Borman ; put the crack pipe down...
Your right, the poor waste time crying over other peoples money and the rich spend time making more money.
Bro the secret service gotta pay to protect the president like wtf🤦🏾♂️🤦🏾♂️🤦🏾♂️🤦🏾♂️🤦🏾♂️🤦🏾♂️🤦🏾♂️
well he want to stop that pay for he said it his goldy
This is wrong and laws need to be made to stop this type of behavior by politicians.
Great Family!
News think we're stupid.
Tyson Vu if you support trump and his cronies, then yeah you are.
It doesn't matter what news think, you really are stupid!
Bribes...kickbacks...money laundry schemes...another 500 million...Sondland admitted paying 1 million for his EU ambassador position!
Sounds like he’s winning!!
What’s a matter jelly?
#Latinos4Trump
Big Pimpin
when cnbc is too poor to even compete with Trump, they made this video. LOL
huh??
Hey EINSTEIN, stop dreaming, you're reaching with this comment. SO SAD.
what is difference from the past is that Trump doing it out in the open and he doe not care what the public thinks.
money talks always louder than voters.
CNBC: we need something new to bash trump. lets use his profits as example
Trump again showing America how to run a business and proves America is all about business and that's the backbone of America, without it we be a 3rd world country