Trump Using Taxpayer Money for Personal Mining Deals Worth Billions, Investigation Reveals
"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."
About this episode
Host Maddie Hail interviews Pulitzer Prize-winning journalist and Trump biographer David Cay Johnston on The Trump Report to discuss Trump's conduct following America's 250th birthday celebrations and emerging corruption scandals. Johnston makes the striking claim that Trump is suffering from frontal lobe dementia, citing agreement from a leading expert and pointing to Trump's posting 105 times on social media in 11 hours as evidence of deteriorating mental state. The conversation covers Trump's July 4th speech, which critics say was divisive rather than unifying, and his failure to condemn white supremacist Patriot Front members who marched through Washington during the celebrations. Johnston argues Trump is a lifelong racist whose MAGA slogan really means making America white again. A major focus is Trump's alleged interference with FIFA to reverse a red card for US player Folarin Balogun, which UEFA called unprecedented and incomprehensible. Johnston characterizes this as Trump believing he is all-powerful and compares his governing style to Louis XIV's absolute monarchy. The episode also examines Trump's racist attacks on the Obamas through doctored images and reports on at least 14 mining deals where the Trump family and Commerce Secretary Howard Lutnick's family are personally profiting using taxpayer money. Johnston compares this to Putin-style kleptocracy and notes Trump has already made $1.4 billion in 2025 from family cryptocurrency and other business ventures. The discussion touches on Trump's 90-minute call with Putin about Ukraine, with Johnston suggesting the Kremlin may be growing desperate as Ukraine gains ground. Throughout, Johnston portrays Trump as fundamentally corrupt, racist, and mentally deteriorating while consolidating unprecedented power.
Key takeaways
- Pulitzer-winning journalist David Cay Johnston claims Trump suffers from frontal lobe dementia based on expert confirmation and observable behavior including manic social media posting
- Trump allegedly called FIFA president to reverse US player's red card suspension, with FIFA taking unprecedented action that UEFA condemned as incomprehensible
- Trump family and Commerce Secretary Lutnick's family personally profiting from at least 14 mining deals funded by US taxpayers, not private investment
- Trump earned $1.4 billion in 2025 from family business deals including cryptocurrency ventures while serving as president, unprecedented self-enrichment for sitting president
- Trump failed to condemn white supremacist Patriot Front members who marched through Washington during July 4th celebrations, reinforcing pattern of racist behavior
- Johnston argues Trump's corruption mirrors Putin-style kleptocracy, with former governor Chris Christie making same comparison about Trump's self-enrichment
- Trump held 90-minute call with Putin about Ukraine peace deal, with Kremlin possibly showing desperation as Ukraine makes battlefield gains