It was one thing – one incredibly corrupt thing – for private citizen Donald Trump to wait until after he’d returned to his side hustle as president of the United States to file a personal $10 billion lawsuit against the Internal Revenue Service (that he himself just coincidentally again commanded), and then withdraw that suit in exchange for blocking the IRS from auditing his past taxes and creating an almost $2 billion fund to pay off people (like January 6 rioters) who had been “injured” by the allegedly corrupt Justice Department of the prior president. The judge says that original lawsuit was a sham to set the stage for the “settlement” that tried to end it; she sanctioned Trump’s private lawyers for their part, and wondered where in the hell the Justice Department was in defending the IRS from these highly-Constitutionally-questionable claims.
That, and the small groundswell of opposition to the “settlement” from Republican members of Congress, made it seem that, just maybe, Trump had gone too far this time. And it provided cover for two Republicans on the Senate Judiciary Committee to demand a written promise that those settlement terms would not be pursued before they would join the committee’s majority vote to send acting Attorney General Todd Blanche’s nomination for the job on to the full Senate. It was a “promise” that they got this past weekend. Or did they?
Critics, however, say the written assurances are a political solution to a political problem, rather than a legally binding document.
“This case was flagrantly illegal from the start and they’re clearly trying to find a political way out of it that gets the attorney general confirmed without giving up their legal rights to actually enforce this illegal settlement,” said Matthew Platkin, a Democratic former New Jersey attorney general. He is now in private practice, representing various people suing over the fund.
(snip)
One of the two documents Mr. Blanche released stated that the order creating the fund “is rescinded and shall have no force or effect.” The second document limits a provision that gave broad protection to Mr. Trump, his relatives, and “related or affiliated individuals” from tax audits. The new written order from Mr. Blanche says that the provision only covers the president, two of his sons and his company, and that it applies “only retroactively.”
[The senators] said in a statement that the documents assuaged their concerns, ending an intraparty stalemate that had stalled Mr. Blanche’s confirmation process for days. The senators added that they believed the department had “acknowledged in a binding written order” that the audit protections were limited, “addressing concerns that multiple of our Republican colleagues share.”
Mr. Platkin said that was clearly not the case. He pointed to the original wording of the documents that created what Democrats have called a slush fund that could be used to pay convicted rioters of Jan. 6, 2021, and other supporters of Mr. Trump who have been investigated, prosecuted or claim to have been mistreated by the federal government.
The original terms of the documents creating the fund said it “may be modified only with the written agreement of the parties” — a reference to Mr. Trump, his sons Eric and Donald Trump Jr., the Trump Organization and specific government agencies.
As of the time of this posting, there have been no written agreements to this modification signed by any of the Trumps, their businesses, or the government agencies involved.
Mr. Blanche’s order, however, is a government document signed only by him. “So absent any, a new executed agreement that they enter into, all of this is meaningless as a matter of law,” Mr. Platkin said.
For one, an order from the attorney general can be reversed by a future order from an attorney general, so in theory the fund could be revived by the same type of written document any time after Mr. Blanche is confirmed.
Senator Adam B. Schiff, Democrat of California, echoed those concerns in a statement, asserting that the new written promise did not prevent the administration “from bringing the slush fund back from the dead next week.”
As a matter of fact, last weekend the president promised he was going to do something he hardly ever does: get a law passed, one that would revive the “slush fund” because he’d “like to see [the January 6 rioters] compensated for their pain.”
Take this president’s “promise” with as much salt as you can stand, especially since it is a promise that will require him to work with Congress rather than just executive action a thing into being, the modus with which he is much more comfortable operandi ng. In The New Republic, Matt Ford argues that TFG lacks any skill at all at legislating, but has set a new standard among politicians for using the office for the benefit of himself.
The only thing truly impressive about Donald Trump is his skill at corruption. This is not, strictly speaking, a good thing to be good at. Yet one cannot help but be awed at the talent that he possesses for abusing power and enriching himself. The last 10 years have seen more innovations in corruption by Trump than the 240 years of American history that preceded them.
Take, for example, his latest scheme to enrich himself and others at the expense of everyone else. Trump owns a social media company named TruthSocial…
(snip)
Last week, TruthSocial announced an extraordinary new “product”: Truth API, a version of his social media feed that gives subscribers “a direct, licensed, real-time feed of the platform’s most market-moving Truths.” (Truths is the hyper-Orwellian name that TruthSocial gives to posts.) In practical terms, it would allow Wall Street firms and other financial institutions access to Trump’s market-moving posts a handful of seconds before they reach the general public.
Why would anyone bother to pay for a few seconds’ advantage to read a Trump post? Because TMTG, the company that operates TruthSocial, can make money off it. Imagine, for instance, that Trump announces higher or lower tariffs against U.S. trading partners, a new bombing campaign against Iran, or his decision to support or oppose a publicly traded American company. A few seconds of lead time could allow firms with complex trading algorithms to cash in on market movements by Trump’s posts—all by handing him a small monthly slice of the profits.
(snip)
The scheme is functionally no different than if he asked for giant burlap sacks of cash from Wall Street executives in exchange for reading his executive orders the day before they are issued.
Trump has largely given up on anything resembling policymaking or governance during his second term. His legislative agenda is practically nonexistent, save for a constitutionally dubious bill to reshape American elections that is dead on arrival in the Senate. He has outsourced his foreign policy, which largely consists of being humiliated by the Iranian government over closures of the Strait of Hormuz, to Vice President JD Vance, Secretary of State Marco Rubio, and Secretary of Defense Pete Hegseth. Stephen Miller, Trump’s domestic policy guru, is largely running the mass-deportation portfolio without real supervision.
That gives Trump plenty of free time to devote himself to his two great loves. When it comes to remaking Washington, D.C., in his own image, Trump has had a mixed record of success. The Kennedy Center no longer bears his name, thanks to a court ruling, while the ruins of the East Wing are slowly being built over into a gaudy ballroom. The administration also plans on erecting a giant marble arch outside Arlington National Cemetery to honor Trump himself; the next Democratic president will likely demolish it as soon as they can.
When it comes to corrupt self-enrichment, however, there are no obstacles or guard rails. He has stuffed the Justice Department with his former (and, in a way, current) personal lawyers to end its post-Watergate tradition of independence. The Supreme Court ruled two years ago that Trump enjoys “absolute immunity” for any crimes committed in connection with his “core constitutional powers.” This anti-constitutional decision amounted to a blank check to collect bribes, kickbacks, and other forms of graft.
To that end, Trump has taken millions from various donors in exchange for pardoning a wide range of white-collar criminals. The Wall Street Journal reported in December that the rumored going price for clemency is at least $1 million. In one instance, Trump pardoned a Democratic member of Congress whose family had petitioned him for help and then lashed out at him on social media for not switching parties, implicitly suggesting a quid pro quo of sorts. (Texas Representative Henry Cuellar, the lawmaker in question, has denied any wrongdoing over his original bribery charges or the pardon he obtained from Trump.)
This is fairly unimaginative by Trumpian standards, of course. A more characteristic scheme is assigning a personal aide—Meredith O’Rourke, a fundraiser whom he reportedly calls his “princess of darkness”—to collect tens of billions of dollars in contributions from major corporations for various pet projects. The Journal reported last month that O’Rourke has taken to referring to Trump as “the boss” and telling the companies, many of whom have regulatory concerns in Washington, that “the boss wants this money.” Those companies have in turn donated hefty sums for the new White House ballroom, Trump’s planned presidential library, and more.
And the hits just keep on comin’!
