Politics
Trump Using Taxpayer Money for Personal Mining Deals Worth Billions, Investigation Reveals
The Trump Report
Trump is 'not well' — and it's getting worse | David Cay Johnston
What was said
"There have been at least 14 mining deals around the world according to an remarkable New York Times investigation a few days ago uh in which the Trump family and the Lutnik family, Howard Lutnik is the commerce secretary, are personally benefiting. US taxpayers are putting up the money, not uh Trump and uh Lutnik families. He's doing business deals where he uses the power of the presidency to enrich himself and his family and then he uses taxpayer money to fund or subsidize these businesses."
Johnston reveals that Trump and Commerce Secretary Howard Lutnick's families are personally profiting from at least 14 international mining deals funded by US taxpayers rather than their own money. This adds to Trump's reported $1.4 billion earnings in 2025 from family business deals including cryptocurrency ventures. Johnston compares this to Putin-style kleptocracy and says no previous president has engaged in such self-enrichment while in office.
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Attributed speaker claim
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- Programme
- The Trump Report
- Episode
- Trump is 'not well' — and it's getting worse | David Cay Johnston
- Clip time
- 23:41
- Original source
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The Trump Report