- Fri, Aug 28 2026 at 12:08 PM
Mark,
President Donald Trump is using the power of the presidency to enrich himself and his allies at the expense of everyday Americans.
Donald Trump already cemented himself as the most corrupt president in American history during his first term. Yet somehow, in his second term, he has expanded the ways he uses his public office for private gain.
I’ll be appearing soon at a hearing with members of Congress including from the House Committee on Oversight and Government Reform to discuss how Trump’s corruption is worsening. I’ll share the details with you too, but first I need to make a request.Since winning the 2024 election, Trump has created 59 companies and he reported at least $233 million in revenue from them in 2025, according to CREW's analysis. His crypto ventures have generated billions, and his decision to host the 2026 G20 Summit in Miami will direct business to one of his own properties at the expense of other potential host cities.
Trump is enjoying these financial gains from his public office as the American economy remains on shaky ground and regular folks are struggling to afford groceries and gas amidst the president’s war in Iran.
And his profiteering doesn’t end there. It also extends to his family and allies, who are benefiting from taxpayer dollars and government decisions.
Trump’s golf trips alone have cost taxpayers over $100 million for security and travel costs—much of which has gone to his own resorts. Likewise, a company tied to Don Jr. received a $620 million loan from the DoD, after a senior White House staffer reportedly intervened.
While Trump and his allies profit, the administration’s actions are hurting American businesses, workers and families.
The administration has routinely invoked special powers to steer government contracts to preferred vendors, while more than half of the contracts cancelled by DOGE were held by small businesses.
At the same time, the administration is dismantling the government's ability to protect Americans from fraud.
The DOJ has lost around 10,000 employees and closed over 900 federal program or procurement fraud cases in 2025. That comes as financial fraud is already costing Americans billions of dollars.
Trump has compounded the problem by pardoning political allies and donors convicted of fraud, wiping away payments owed to their victims.
This pattern of personal profiteering is evident throughout the administration.
Transportation Secretary Sean Duffy took his family on a road trip funded by corporations regulated by his agency. Former Homeland Security Secretary Kristi Noem spent $200 million in taxpayer funds for two private luxury jets during a government shutdown. And these are just a few of many examples.
Mark, this corruption cannot stand. That’s why at this hearing, I’m urging Congress to use its oversight authority to hold the administration accountable, protect federal civil servants who investigate fraud and advance legislation to prevent presidential profiteering.
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