Alpha Stryke
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Updated 4:01 AM CDT, June 2, 2026
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WASHINGTON (AP) — President Donald Trump tried to create a near $1.8 billion fund that could be funneled to his supporters as a means of settling a lawsuit he filed against his own government — even arguing that he “gave up a lot of money in allowing” it.
After drawing outcry in Congress and the courts, however, the White House is reconsidering the fund. That potentially means the suit — and the possibility that the president could still cash in — might be back on.
Trump hasn’t been shy about turning the presidency into a major source of personal benefit, involving everything from merchandising deals to crypto ventures to high-dollar political and official events at his properties.
Asked about possible self-dealing by the president, the White House called such suggestions “the same, tired narrative that Democrats have pushed against President Trump, his family, and his administration for a decade.”
“President Trump only acts in the best interests of the American public — which is why they overwhelmingly re-elected him to this office, despite years of lies and false accusations against him and his businesses from the fake news media,” spokesperson Anna Kelly said in a statement. “There are no conflicts of interest.”
Here are some key ways Trump has reaped rewards for himself, his children and allies in his second term:
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WASHINGTON (AP) — President Donald Trump tried to create a near $1.8 billion fund that could be funneled to his supporters as a means of settling a lawsuit he filed against his own government — even arguing that he “gave up a lot of money in allowing” it.
After drawing outcry in Congress and the courts, however, the White House is reconsidering the fund. That potentially means the suit — and the possibility that the president could still cash in — might be back on.
Trump hasn’t been shy about turning the presidency into a major source of personal benefit, involving everything from merchandising deals to crypto ventures to high-dollar political and official events at his properties.
Asked about possible self-dealing by the president, the White House called such suggestions “the same, tired narrative that Democrats have pushed against President Trump, his family, and his administration for a decade.”
“President Trump only acts in the best interests of the American public — which is why they overwhelmingly re-elected him to this office, despite years of lies and false accusations against him and his businesses from the fake news media,” spokesperson Anna Kelly said in a statement. “There are no conflicts of interest.”
Here are some key ways Trump has reaped rewards for himself, his children and allies in his second term:
Related Stories
