1
Conflicts of interest, 2025–present
Further information:Second presidency of Donald Trump§ Ethics, andCryptocurrency in the second DonaldTrump administration
Trump's second presidency was described as having less guardrails against conflicts of interest than his first,[494]and breaking with
decades of ethical norms.[495]He maintained a publiclytraded company inTruth Social, pursued new overseasreal estate deals
involving state-affiliated entities, and had several branding and licensing deals selling Trump-branded merchandise.[494]He profited
from events held at his hotels and golf courses and did not place his assets in a blind trust, as previous presidents had.[496]He
repealed the previous administration's ethics guidelines and enforcement of laws prohibiting bribery[497][498]without establishing
formal ethics guidelines for his political appointees, many of whom entered his administration with an "uncharacteristically large list of
potential conflicts of interest".[499]He droppedcorruption charges against politicians with ties to him[500]and paused enforcement
of the law prohibiting companies operating in the U.S. to bribe foreign governments.[501]He launched,promoted, and personally
benefited fromtwo cryptocurrency tokens("meme coins"),$Trumpand $Melania.[497][502]He also directly benefitedfrom his
family's cryptocurrency companyWorld Liberty Financial,which engaged in an unprecedented mixing of private enterprise and
government policy.[503]
Conflicts of interest, 2025–present
Further information:Second presidency of Donald Trump§ Ethics, andCryptocurrency in the second DonaldTrump administration
Trump's second presidency was described as having less guardrails against conflicts of interest than his first,[494]and breaking with
decades of ethical norms.[495]He maintained a publiclytraded company inTruth Social, pursued new overseasreal estate deals
2
involving state-affiliated entities, and had several branding and licensing deals selling Trump-branded merchandise.[494]He profited
from events held at his hotels and golf courses and did not place his assets in a blind trust, as previous presidents had.[496]He
repealed the previous administration's ethics guidelines and enforcement of laws prohibiting bribery[497][498]without establishing
formal ethics guidelines for his political appointees, many of whom entered his administration with an "uncharacteristically large list of
potential conflicts of interest".[499]He droppedcorruption charges against politicians with ties to him[500]and paused enforcement
of the law prohibiting companies operating in the U.S. to bribe foreign governments.[501]He launched,promoted, and personally
benefited fromtwo cryptocurrency tokens("meme coins"),$Trumpand $Melania.[497][502]He also directly benefitedfrom his
family's cryptocurrency companyWorld Liberty Financial,which engaged in an unprecedented mixing of private enterprise and
government policy.[503]
Conflicts of interest, 2025–present
Further information:Second presidency of Donald Trump§ Ethics, andCryptocurrency in the second DonaldTrump administration
Trump's second presidency was described as having less guardrails against conflicts of interest than his first,[494]and breaking with
decades of ethical norms.[495]He maintained a publiclytraded company inTruth Social, pursued new overseasreal estate deals
involving state-affiliated entities, and had several branding and licensing deals selling Trump-branded merchandise.[494]He profited
from events held at his hotels and golf courses and did not place his assets in a blind trust, as previous presidents had.[496]He
repealed the previous administration's ethics guidelines and enforcement of laws prohibiting bribery[497][498]without establishing
formal ethics guidelines for his political appointees, many of whom entered his administration with an "uncharacteristically large list of
3
potential conflicts of interest".[499]He dropped corruption charges against politicians with ties to him[500]and paused enforcement
of the law prohibiting companies operating in the U.S. to bribe foreign governments.[501]He launched,promoted, and personally
benefited fromtwo cryptocurrency tokens("meme coins"),$Trumpand $Melania.[497][502]He also directly benefitedfrom his
family's cryptocurrency companyWorld Liberty Financial,which engaged in an unprecedented mixing of private enterprise and
government policy.[503]
Conflicts of interest, 2025–present
Further information:Second presidency of Donald Trump§ Ethics, andCryptocurrency in the second DonaldTrump administration
Trump's second presidency was described as having less guardrails against conflicts of interest than his first,[494]and breaking with
decades of ethical norms.[495]He maintained a publiclytraded company inTruth Social, pursued new overseasreal estate deals
involving state-affiliated entities, and had several branding and licensing deals selling Trump-branded merchandise.[494]He profited
from events held at his hotels and golf courses and did not place his assets in a blind trust, as previous presidents had.[496]He
repealed the previous administration's ethics guidelines and enforcement of laws prohibiting bribery[497][498]without establishing
formal ethics guidelines for his political appointees, many of whom entered his administration with an "uncharacteristically large list of
potential conflicts of interest".[499]He droppedcorruption charges against politicians with ties to him[500]and paused enforcement
of the law prohibiting companies operating in the U.S. to bribe foreign governments.[501]He launched,promoted, and personally
benefited fromtwo cryptocurrency tokens("meme coins"),$Trumpand $Melania.[497][502]He also directly benefitedfrom his
4
family's cryptocurrency companyWorld Liberty Financial, which engaged in an unprecedented mixing of private enterprise and
government policy.[503]
