Money, Wealth & Power—A Daily Look at the Financial World
Todd Blanche spent the weekend doing the one thing a nominee never wants to do: writing down, in a binding order, that a $1.8 billion pot of money he had approved was dead. It worked well enough to get him out of the Senate Judiciary Committee on Tuesday. It did not work well enough to…
President Donald Trump is suing the Internal Revenue Service and the Treasury Department for at least 10 billion dollars, even as he sits atop the very government he is trying to force to pay him. The case, built around the leak of his tax records, has now collided with basic questions of conflict of interest,…
Donald Trump has not just embraced crypto as a policy priority, he has personally tied his fortune and his presidency to it. His family’s digital asset empire, centered on World Liberty Financial and a web of foreign deals, now sits on top of a regulatory regime his own appointees control. If this latest conflict of…
The revelation that a powerful United Arab Emirates royal poured hundreds of millions of dollars into the Trump family’s crypto venture has detonated a fresh political storm around President Donald Trump. At the center is World Liberty Financial, a digital asset company tied directly to the Trump Family, and a secretive stake that critics say…
Foreign money has quietly poured into a Trump family cryptocurrency venture, tying the president’s business interests to a powerful security chief from the United Arab Emirates. The scale and secrecy of the investment have raised urgent questions about whether a sitting president is now financially entangled with a foreign government’s national security apparatus. At stake…
President Donald Trump is turning a massive legal clash with the tax authorities into a political and public relations spectacle, floating the idea of settling his $10 billion claim and handing the money to charity. The president has framed the lawsuit as a test of government accountability after the leak of his tax returns, while…
Donald Trump’s family quietly agreed to sell nearly half of its flagship crypto venture to a powerful royal from the United Arab Emirates in a deal valued at $500 million, according to recent investigative reporting. The transaction handed a foreign intelligence heavyweight a major foothold in a business closely associated with the sitting president, while…
President Donald Trump has opened a new front in his long running battle over his finances, filing a lawsuit that seeks at least 10 billion dollars from the Internal Revenue Service and the Treasury Department. The complaint accuses federal officials of failing to protect his confidential tax information and allowing it to leak to news…
President Donald Trump’s new $10 billion lawsuit against the Internal Revenue Service and the Treasury Department is framed as a historic bid to hold Washington accountable for a massive breach of taxpayer privacy. The case centers on a former IRS contractor who admitted leaking Trump’s tax information, along with data from some of the wealthiest…
President Donald Trump has opened a new front in his long running war with the federal bureaucracy, filing a $10 billion lawsuit that accuses the Internal Revenue Service and the Treasury Department of presiding over one of the most damaging breaches of taxpayer confidentiality in modern history. The complaint, brought alongside his two eldest sons…