Trump Family Business Dealing Sparks Conflict of Interest Fears
A recent poll found that over 6 in 10 US adults disapprove of President Donald Trump's foreign business dealings, which have brought in hundreds of millions of dollars for his family ventures. The Republican Party scrutinized similar conflicts under President Joe Biden four years ago.
The Trump Organization has benefited from foreign payments since the president's comeback in 2024, with at least $622 million reported that year and a minimum total revenue of $2.2 billion in 2025. A significant portion of this income came from a United Arab Emirates royal who purchased a 49% stake in Trump's main crypto firm, World Liberty Financial, for over $260 million.
The company is on its way to becoming a national trust bank and has associated digital coins. The Trump administration also approved a deal to provide up to $1.6 billion in federal financing for an American company called Kaz Resources to extract tungsten in Kazakhstan. The Trump sons had previously bought a 20% stake in the business.
Richard Painter, who served as chief White House ethics lawyer under President George W. Bush from 2005 to 2007, stated that conflicts of interest can have a 'substantial impact' on foreign and domestic policy. He warned that family deals with foreign governments could encourage a president to enter a war on their behalf.