Donald Trump’s First 100 Days Have Been a Success Story
Matthew Yglesias, Vox: Donald Trump’s first 100 days have been a moneymaking success story
There is something grating about this, especially from a president who is making a big show of donating his salary to charity. Trump is directly pocketing what could easily amount to hundreds of thousands of dollars a year in direct payments from the Treasury, while simultaneously claiming to be serving for free. What’s more troubling, however, is indirect financial entanglements into which we have little real visibility.
Ivanka Trump, for example, was granted five trademarks by the Chinese government on the very same day she had dinner with Chinese President Xi Jinping. Also on that day, Ivanka’s father decided to break his campaign pledge to officially designate China as a currency manipulator. That decision, by all accounts, reflected the growing clout inside the White House of National Economic Council Director Gary Cohn and his key ally Jared Kushner, who happens to be Ivanka’s husband and in a position to directly gain or lose from China’s decisions regarding his wife’s trademark applications.
There’s of course no way to demonstrate a quid pro quo there, but the basic dynamics are clear.
Back in February, Bloomberg reported that “[a]s countries around the world figure out how to influence the new U.S. administration, China is going straight to the top: Trump’s immediate family.” Kushner and Ivanka Trump were guests of honor at a Chinese New Year celebration organized by the Chinese Embassy in Washington, and the trademark applications are just part of the overall package. China is on good terms with Trump’s family, and Trump’s family has helped keep China on good terms with the United States.
Similarly, Ivanka was closing business deals in Japan while simultaneously joining her father in meeting with Prime Minister Shinzo Abe.
If the Democrats regain control of Congress in the midterms, the first order of business must be a thorough investigation of the Trump organization and how the Trump family is profiting off of the Presidency, followed by impeachment for violating the emoluments clauses of the Constitution.