Tag: donald trump

Report: Crypto Drives Record Growth in Trump Family Finances

A new Reuters investigation reveals a scale of presidential enrichment unseen in modern U.S. history. Published Tuesday, a special report titled “Inside the Trump family’s global crypto cash machine” shows that the Trump family’s fortune surged in 2025. The summary reads:

The U.S. president’s family raked in more than $800 million from sales of crypto assets in the first half of 2025 alone, a Reuters examination found, on top of potentially billions more in unrealized “on paper” gains. Much of that cash has come from foreign sources as Donald Trump’s sons have touted their business on an international investor roadshow.

When President Trump’s term ends, he is expected to regain full control of a business empire now swollen with foreign capital and turbocharged by a crypto market shaped by his own administration’s policies.

The findings draw on official disclosures, property and court records, crypto trade information, and interviews. They outline a complex network of token sales, offshore investors, and regulatory changes that together fueled the company’s explosive growth. Reuters described the arrangement as “legal, but not ethical.”

Reacting to the report, House Oversight Committee Chairman James Comer (R-Ky.) struck a relaxed tone:

As long as [the president] disclose[s] the income and sources, I think that’s acceptable.

But the story Reuters pieced together suggests something deeper — a presidency and a family fortune advancing in parallel, powered by the same crypto engine.

The Dubai Pitch

The money trail begins in Dubai. In May, Eric Trump met with Chinese businessman Guren “Bobby” Zhou and others on the sidelines of a cryptocurrency conference, pitching World Liberty Financial, Inc. (WLFI), the family’s crypto business.

Buy at least $20 million of “governance tokens,” he said, and join a venture that would “embody the future of finance.” The technology behind the project appeared “rudimentary,” one attendee told the outlet. Yet, within weeks, Aqua1 Foundation, a state-linked Abu Dhabi investment group, announced a $100 million purchase — the largest known buy of WLFI tokens.

Reuters identified Zhou as being under investigation by Britain’s National Crime Agency for money laundering. He has also been linked to multiple money-laundering probes and civil court judgments in China. Aqua Labs Investment LLC, an affiliate of Aqua1, confirmed the deal as a “commercial decision consistent with advancing regulated digital-asset ecosystems.”

The Windfall

Dubai was only one stop on the Trump brothers’ investment tour. Reuters wrote:

In Europe, the Middle East and Asia, they have been promoting World Liberty and other ventures that funnel investors’ cash to Trump family businesses, known collectively as the Trump Organization.

The results were staggering. In the first half of 2025, Trump Organization income soared to $864 million, up from $51 million a year earlier. Over 90 percent came from crypto ventures, including token sales through WLFI.

Traditional businesses paled by comparison: golf clubs and resorts brought in $33 million, while name-licensing added $23 million. More than half of total income — about $463 million — came from sales of the family’s $USD1 tokens, including as much as $75 million from Aqua1 Foundation alone. WLFI’s website confirms that a Trump entity receives 75 percent of all token-sale revenue.

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Senate Votes 52-48 to Nuke Trump’s Tariffs on Brazil — These Five RINOs Voted with the Democrats

The Senate on Tuesday voted 52-48 to nuke President Trump’s 50% tariffs on Brazil.

House Speaker Mike Johnson will not hold a vote on the measure, so the Senate’s vote was a waste of time.

President Trump would never sign the measure into law anyway.

Five RINO Republicans voted with the Democrats to repeal the tariffs on incoming materials:

  • Rand Paul (KY)
  • Thom Tillis (NC)
  • Susan Collins (ME)
  • Lisa Murkowski (AK)
  • Mitch McConnell (KY)

Earlier this year, the Senate voted to nuke President Trump’s Canadian tariffs.

RINOs Murkowski, Collins, McConnell, and Rand Paul voted to repeal those tariffs.

President Trump is currently in the Supreme Court fighting to keep his tariffs in place after a court said Trump exceeded his authority.

Last month, the US Supreme Court agreed to fast-track President Trump’s tariff case.

In May, the Court of International Trade in New York said President Trump exceeded his authority to impose tariffs under the International Emergency Economic Powers Act of 1977 (IEEPA).

The DOJ immediately appealed the federal appeals court’s ruling on Trump’s tariffs.

President Trump ripped the judges over the summer.

“ALL TARIFFS ARE STILL IN EFFECT! Today a Highly Partisan Appeals Court incorrectly said that our Tariffs should be removed, but they know the United States of America will win in the end. If these Tariffs ever went away, it would be a total disaster for the Country. It would make us financially weak, and we have to be strong,” Trump said in August.

The U.S.A. will no longer tolerate enormous Trade Deficits and unfair Tariffs and Non Tariff Trade Barriers imposed by other Countries, friend or foe, that undermine our Manufacturers, Farmers, and everyone else.”

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Trump Administration Overhauls Biden’s DEI Broadband Program that Connected Zero Households in 4 Years

Trump’s Assistant Secretary of Commerce and administrator of the National Telecommunications and Information Administration, Arielle Roth, outlined the Administration’s policies for reforming the wasteful Broadband Equity, Access, and Deployment (BEAD) program in a speech at the Hudson Institute this week. According to Roth, “For years, BEAD was weighed down by red tape and extralegal conditions that slowed down states, deterred providers, and sidelined innovative technologies.”

As Breitbart has previously reported, BEAD was filled with DEI mandates, climate-regulation burdens, and a fiber-technology bias that virtually banned viable satellite and fixed-wireless solutions — despite fiber being inefficient in sparsely populated areas. Rather than prioritizing connecting rural Americans most cost-effectively, BEAD under Biden became an ideological vehicle — so much so that the National Telecommunications and Information Administration (NTIA) admitted four years after the bill’s passage that it hadn’t connected a single household.

The $42.5 billion federal program prioritized woke corporate mandates and handouts to the politically connected fiber and broadband lobby, while discriminating against far more efficient Low Earth Orbit (LEO) Satellite technology, such as SpaceX’s Starlink. Four years after it passed, it proposed spending tens of thousands of dollars per household, but failed to connect a single American.

Assistant Secretary Roth agreed, noting that “For years, BEAD was weighed down by red tape and extralegal conditions that slowed down states, deterred providers, and sidelined innovative technologies.” However, she alluded to the problem of state governments undermining the Trump administration’s priorities on BEAD, explaining, “As BEAD moves toward final plan approvals, delivering results means keeping defaults to an absolute minimum.  A program this large and unprecedented must be managed with discipline and careful oversight.  That means meticulously reviewing state proposals to ensure compliance, prevent distortionary outcomes, and protect against waste.”

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Inside The Trump Administration’s “Master Plan” For Gaza Regime Change

On October 10, the latest Gaza ceasefire was officially declared. According to the plan, ‘Phase One’ of the ceasefire was supposed to include a full cessation of hostilities, the mutual exchange of captives on both sides, with pledges for at least 400 humanitarian aid trucks to enter the besieged coastal territory for five days and an unlimited number afterwards.

From day one, Israel not only violated the ceasefire agreement through shooting dead a number of Palestinian civilians, but also unleashed a range of Palestinian collaborator militias to begin targeting Gaza’s local security forces. Hamas, as the governing force inside the Gaza Strip decided to re-deploy some 7,000 police and security officers to the streets of the war-ravaged territory, attempting to restore order after its forces were prevented from operating during Israel’s relentless bombardments.

Although Israel’s own forces have directly murdered over 100 Palestinian civilians since the start of the ceasefire, it had decided to switch its strategy on October 10 to using proxy forces to do its bidding instead of its own soldiers. The insidious plot, or “master plan” that has been in the works over the past two years, as US Envoy Steve Witkoff admitted during a recent interview on 60-minutes, also involves carving up Gaza into cantons ruled by separate forces.

This plot is a strategy for a multi-layered scheme that will seek to effect regime change, and in its worst iteration means the tax payer will foot the bill for another multi-national war of aggression — the goal being the completion of the objectives Israel failed to achieve through its own military operations.

In order to fully understand this scheme, all the relevant factors must be explored.

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Trump Says SNAP Benefits Will Be Solved for Next Month

President Donald Trump said that he believes Republicans will solve how to fund food stamps, when he was asked about the Supplemental Nutrition Assistance Program (SNAP) and the government shutdown.

SNAP is slated to expire by Nov. 1, potentially ending benefits for millions of people across the United States.

“We’re going to get it done,” Trump told reporters on Air Force One on Oct. 29. “The Democrats have caused the problem, unfortunately. All they have to do is sign, and if they sign, I’ll meet with them.”

The president then suggested that the shutdown is linked to broader talks on health care and an extension of subsidies. Senate Democrats have refused 13 times to pass bills to reopen the government because those measures do not include health care provisions, including an extension of Affordable Care Act (commonly known as Obamacare) subsidies slated to expire at the end of the year.

“We have to fix health care because Obamacare is a disaster,” Trump said, referring to the Affordable Care Act. “When you see the increases in Obamacare, it never worked, it never will work, and we could do something with the Democrats much better than Obamacare. Less money and better health care.”

Trump then said that health insurance companies are “making too much money” and said that talks are needed between Republicans and Democrats when the shutdown ends.

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Amnesty Urges US Bombing of Yemen Migrant Detention Facility To Be Investigated as a War Crime

Amnesty International said on Wednesday that the US bombing of a migrant detention facility in Yemen earlier this year amounted to an indiscriminate attack and should be investigated as a war crime.

The US strike was launched on April 28 and killed 68 African migrants who were detained at the facility in Yemen’s northern Saada province. The attack was part of the US military’s bombing campaign in Yemen that was conducted from March 15 to May 15, which was dubbed “Operation Rough Rider,” and killed more than 250 civilians.

Amnesty said in a report on the strike that it “did not find any evidence that the migrant detention centre was a military objective or that it contained any military objectives.”

The report, which involved interviews with 15 Ethiopian migrants who survived the attack, also pointed out that the US should have been aware that the strike would result in heavy civilian casualties since the Saudi military, with support from the US, bombed the same facility in 2022 and killed more than 90 civilians.

“Given the air strike killed and injured civilians, the US authorities should investigate this attack as a war crime. The result of the investigation, including any conclusions related to civilian casualties and efforts to respond to them, should promptly be made public,” Amnesty said.

Operation Rough Rider involved another mass civilian casualty event, the US bombing of the Ras Issa fuel port in the Red Sea port city of Hodeidah, which occurred on April 17. The strikes killed 84 civilians, mainly workers at the port, according to Airwars.

When the US announced the attack on the port, it did not allege that it was hitting a military target. US Central Command justified the bombing of vital civilian infrastructure by saying the Houthis, who govern an area where about 70% to 80% of Yemenis live, “profit” off fuel that enters the port.

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Trump’s ‘Golden Dome’ Missile Defense Could Cost $3.6 Trillion: Report

President Ronald Reagan’s Strategic Defense Initiative, nicknamed Star Wars, promised to create a missile defense system so effective it would eliminate the threat of nuclear war forever, at a cost of around $70 billion. As it turned out, the technology just wasn’t feasible. And the Soviet Union figured out how to overwhelm the missile defense system at five percent of its cost. Reagan’s successor, George H.W. Bush, scaled Star Wars down to a much more modest program called Global Protection Against Limited Strikes, emphasis on limited.

Now President Donald Trump is promising that, with today’s technology, he can create an impenetrable missile shield for $175 billion. But the Congressional Budget Office (CBO) estimated in May 2025 that the program could actually cost up to $542 billion over two decades. And according to independent analysis, the CBO may actually be underestimating the cost sixfold. Todd Harrison, a senior fellow at the conservative American Enterprise Institute, has calculated a $3.6 trillion price over two decades. Harrison and other experts spoke to The Washington Post for a bombshell report published on Wednesday.

The Golden Dome is designed as a “multi-layered” system. One layer would be ground-based missile batteries. Another would be a constellation of satellites orbiting the Earth, ready to shoot down incoming missiles from above. That latter part was also part of the Star Wars program. Proponents say that lower launch costs today—thanks, Elon Musk—make it more feasible today, according to The Washington Post. Harrison, however, estimates that it would take 950 satellites per enemy missile. The American Physical Society puts the number at 400 interceptors for a lower-end North Korean missile and 1,600 for a higher-end North Korean missile.

North Korea is estimated to have 50 nuclear weapons. And that’s the lower end of the threats that the Golden Dome is supposed to counter. China has hundreds of nuclear weapons, and Russia has thousands. “You need so many more interceptors than missiles, it becomes operationally impractical,” Harrison told the Post.

The Golden Dome program could also scale up ground-based missile defenses. The U.S. military maintains 44 interceptors at a base in Fort Greely, Alaska, designed to launch an “exoatmospheric kill vehicle” that would intercept an incoming ballistic missile in space. But even tests conducted “under scripted conditions and designed for success” show a 55 percent success rate for those interceptors, the American Physical Society reports. The Pentagon has been quite sensitive about that fact. After the recent movie A House of Dynamite depicted U.S. interceptors failing, the Missile Defense Agency wrote up a memo claiming that the system is 100 percent foolproof.

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Republican Socialism Goes Nuclear: Trump Bets $80 Billion on Government-Backed Energy

Since President Donald Trump’s return to the Oval Office, the federal government has trademarked its own version of Republican socialism by nationalizing steel production and taking equity stakes in chip manufacturers and mining projects. Now, it’s getting involved in the nuclear power sector. 

On Tuesday, Westinghouse Electric Company announced that it had entered “into a strategic partnership” with the federal government, Brookfield Asset Management, and uranium fuel supplier Cameco Corporation to build “at least” $80 billion worth of Westinghouse’s AP1000 nuclear reactors across the country. The agreement was made “in accordance” with Trump’s May executive order, which called for the deployment of 10 new large nuclear reactors in the U.S. by 2030, according to Westinghouse. 

The details of the agreement are still a bit murky, but the federal government will underwrite at least some of these projects, while others might be financed by Japan. On Tuesday, Japan’s trade ministry pledged to invest $550 billion into American projects, in exchange for lower tariff rates from the Trump administration. Included in this package was an “artificial intelligence and a nuclear reactor construction initiative that was expected to be worth up to $100 billion and involve Mitsubishi Heavy [Industries] and Toshiba,” reports The New York Times. 

The deal might also allow the federal government to take an equity stake in America’s largest nuclear power company. Bloomberg‘s Liam Denning writes that as long as the U.S. government follows through on its financial commitment, “it would then get a 20% share in any dividends paid out by Westinghouse above a $17.5 billion threshold.” If these projects are up and running within the next “three years or so” and “Westinghouse is deemed at that point to be worth at least $30 billion, the company may then be required to do an initial public offering with the government getting warrants that may convert into an equity stake,” according to Denning. 

Nuclear power is clean, reliable, and safe, but forcing taxpayers to bet on its future success is risky. After thriving throughout the ’60s, ’70s, and ’80s, the industry has been plagued by P.R. disasters and project failures that have hampered nuclear power for much of the last 30 years. 

Recent efforts to revive the industry have not done much to build public confidence. A failed nuclear power plant project in South Carolina, which featured two AP1000 reactors, left ratepayers on the hook for millions of dollars, although Brookfield Management is considering reviving the project, according to the Associated Press.

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US Military Officials Involved in Latin America Campaign Required To Sign Non-Disclosure Agreements

US military officials involved in the Trump administration’s military campaign in Latin America have been asked to sign non-disclosure agreements, Reuters reported on Tuesday, citing US officials.

The report said the request is highly unusual, since US military officials are already required to keep secrets from the public, though it also acknowledged that the Pentagon has previously used NDAs under the leadership of War Secretary Pete Hegseth.

The news comes as members of Congress have complained about the Trump administration’s lack of transparency about the campaign, which has involved bombing alleged drug-running boats and a substantial military buildup, and a push toward a regime change war to oust Venezuelan President Nicolas Maduro.

The US War Department has not provided any evidence to back up its claims about what the boats it has been bombing are carrying and hasn’t provided any information about the people it has been killing in strikes that amount to extrajudicial executions at sea.

In an interview on Sunday, Sen. Rand Paul (R-KY), who has been very critical of the bombing campaign, affirmed that Congress hasn’t received any information about the people the Pentagon has been targeting. “No one said their name. No one said what evidence. No one said whether they’re armed. And we’ve had no evidence presented,” Paul said. “So, at this point, I would call them extrajudicial killings.”

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Hegseth Announces 14 Killed In New, Largest Single Attack On ‘Narco-Terrorist’ Boats

Pentagon Chief Pete Hegseth has announced yet more strikes on alleged drug vessels operating off South America, in what’s becoming a weekly thing. This latest strike involved four total boats – in what looks to be the largest single set of strikes yet.

Unlike most of the some nine strikes recorded thus far, these fresh attacks were on the Pacific side of Latin America, and not directly off Venezuela’s coast. There’s been only one other prior instance, announced earlier this month, of such operations on the Pacific side.

The attacks against several vessels occurred Monday. Hegseth disclosed on Tuesday, “Yesterday, at the direction of President Trump, the Department of War carried out three lethal kinetic strikes on four vessels operated by Designated Terrorist Organizations (DTO) trafficking narcotics in the Eastern Pacific.”

“The four vessels were known by our intelligence apparatus, transiting along known narco-trafficking routes, and carrying narcotics,” Hegseth continued.

The death toll was high in comparison with other attacks which stretch back several weeks. Hegseth continues in his statement on X:

Eight male narco-terrorists were aboard the vessels during the first strike. Four male narco-terrorists were aboard the vessel during the second strike. Three male narco-terrorists were aboard the vessel during the third strike. A total of 14 narco-terrorists were killed during the three strikes, with one survivor.

All strikes were in international waters with no U.S. forces harmed. Regarding the survivor, USSOUTHCOM immediately initiated Search and Rescue (SAR) standard protocols; Mexican SAR authorities accepted the case and assumed responsibility for coordinating the rescue. 

This note about cooperation from Mexican authorities is interesting, and shows that not all regional governments are against the heightened Pentagon action off their shores – or else they are simply too scared of the Trump administration to say ‘no’.

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