Yesterday’s News 2025 05 11


crypto-fire

Norman Eisen: Trump’s Crypto Conflicts Catch Fire

As a former White House Ethics Czar, I have been stunned by the sheer number of ethics issues afflicting Donald Trump’s first 100 Days (2.0). But Trump and his cronies’ ethics violations have been overshadowed by his other frequent and flagrant transgressions. For example, in his first term, there was heavy mainstream media attention from day one of his selling hotel rooms to foreign governments and the like. This time around, not so much–although they have been a steady theme here on The Contrarian and for the Democracy Movement.

This should be a national scandal, which is why I co-authored this major report on Trump’s crypto corruption. It is the single most profound Presidential conflict of the modern era: a POTUS who has almost 40% of his net worth in his crypto ventures, at the same time as he is regulating the digital currency industry–and, for good measure, has substantial foreign government cash pouring into those ventures!

Then a funny thing happened on the way to a final vote: an explosion of Democratic opposition. …

That repudiation was important for better crypto regulation but was also an important sign of something we’ve been seeing much more of over the past weeks: stronger opposition to Trump’s dictatorial ways among political leadership in Congress.

(Norman Eisen more…)