Welcome back. The Trump family's crypto ventures under fresh scrutiny as a new report from Democrats on the House Judiciary Committee puts a new spotlight on just how much the family has made in cyber currency. The report comes after Trump pardoned cryptoheavyweight Shangpang Xiao, who famously enriched the Trump family through his business ventures.A reminder, Shiao's company, Binance, invested $2 billion into the Trump family's crypto firm through a deal with another company. And joining us now is Democra ...

Mr. . President, is it appropriate, Mr. . President, for your family to be doing business in Saudi Arabia while you're president.Is that a conflict of interest. And your loyal highness, the US intelligence concluded that you orchestrated the brutal murder of a journalist. 9/11 families are furious that you are here in the Oval Office.>> Why should Americans trust you. Who are you with. And the same to you, Mr.. President. Who are you with. >> I'm with ABC News, sir.>> You're with who. >> ABC News, sir. >> F ...

We're going to get to speak with circle CEO in just a little bit about these earnings and where this all goes. Jeremy Allaire will be with us right here on Squawk Box. Meantime, I think this is actually the story of the morning in so many ways.The Trump administration reportedly now looking at steps it could take to reduce the influence of proxy advisory firms like ES and Glass Lewis and index fund managers including Vanguard and Blackrock. The Wall Street Journal reporting that one option could be a broad ...

The first filed in 2023 seeks damages related to the Russia investigation into the 2016 election. The second filed following year focuses on the classified documents case accusing the FBI of violating Trump's privacy when it searched his Mara Lago club down in Palm Beach, Florida. According to DOJ policy, only two people would be able to approve such claims.Deputy Attorney General Todd Blanch and Associate Attorney General Stanley Woodward Jr. . Blanch, of course, served as the president's lead criminal def ...

Let's start with the one you mentioned. President Trump reportedly seeking up to $230 million from his own justice department in compensation for past investigations into him. That's according to the New York Times, citing people familiar with the matter.The Times reports Trump filed two administrative claims which are often precursors to lawsuits. The first filed in 2023 seeks damages related to the Russia investigation into the 2016 election. The second filed the next year focuses on the classified docume ...

International Relations & Potential Conflicts of Interest - The U S President allegedly discussed setting up a meeting between the Indonesian President and his son, Eric Trump, who manages the Trump family business, raising concerns about conflicts of interest [1][2] - The Trump family has business ventures in Indonesia, including a new golf course deal, potentially influencing the President's actions in his official capacity [3] - Qatar gifted Trump a $400 million luxury jet, and the U S will respond as if attacked if Qatar is attacked, essentially granting them "fake NATO membership" [5] - The U S is building a Qatari Amiri Air Force facility at Mountain Home Air Base in Idaho, sparking confusion and requiring clarification from the Secretary of Defense [6][7] Financial & Economic Implications - The U S Treasury Secretary sent $20 billion of taxpayer money to Argentina to bail out their currency, which has already dropped 27% in value this year [10] - The IMF has bailed out Argentina 23 times, and the country owes the IMF more money than any other country on Earth [11] - There are concerns that the $20 billion bailout of Argentina may be lost, as markets reacted negatively even after the infusion [13] - Two American billionaires close to the Treasury Secretary stand to gain from the U S taxpayer propping up Argentina's economy [15] Domestic Impact - The U S government is shut down, while the U S is funding another country's government [9] - The $20 billion bailout of Argentina is occurring while domestic services like Yellowstone and TSA are affected by the government shutdown [16]

Legal & Political - A federal judge recused from Oregon's challenge to Trump's deployment of National Guard troops to Portland due to conflict-of-interest concerns [1]

Contract Renewal & Concerns - Compound DAO is considering renewing Gauntlet's risk contract for $2.3 million [1] - A fixed $2.3 million annual fee with limited downside protection is a concern [2] - Weak ROI (Return on Investment) from incentive programs is noted [2] - Unclear rationale behind parameter changes is highlighted [2] - Potential conflict of interest due to Morpho grants is raised [2] Proposed Alternative - A performance-based agreement is suggested as a possible alternative [2]

Ethical Concerns Regarding Presidential Finances - Accusations of presidential profiteering are raising new ethical questions [1] - The president's personal profit likely falls in the realm of $34 billion (340 亿) across both terms [2] - Receiving money while in office could influence the president's choices on issues affecting regular Americans [3][6] - The president has not released tax returns or records from companies he owns [5] - The United Arab Emirates investing $2 billion (20 亿) into a crypto venture that the president benefits from raises concerns about international security, peace, and trade decisions [6] - The current situation is different from what other presidents have done, but the president has normalized it [7][8] Potential Solutions and Future Implications - There is concern that this situation opens the door for others to engage in similar activities in the future [9] - Congress could pass legislation requiring presidents to sell businesses or place them in a true blind trust [10] - Private investments managed by the president's children raise ethical concerns [11][12] - The president should own mutual funds or have assets managed by someone unknown to him [12]

It's time now for Money, Power, Politics. Tonight, we are learning about another possible conflict of interest for President Donald J. Trump.Since January, the president's bought more than hundred million dollar worth of corporate and municipal bonds. That is according to filings from the Office of Government Ethics. This kind of active trading by a president is unprecedented.It means Donald Trump stands to benefit or suffer losses depending on on how these bonds perform. But these bonds include banks and t ...