Former Labor Secretary Robert Reich says Donald Trump’s blatant use of the presidency as a personal cash machine is pushing the country down a dangerous path.
Trump, 79, has never been wealthier: Since taking office in January, his fortune has surged by billions, reaching $7.3 billion as of September, according to Forbes.
Among the president’s many new revenue streams, none has been more lucrative than his various schemes peddling crypto. In May, he pushed his $TRUMP meme coin at a secretive dinner, where those who invested the most in the cryptocurrency were granted access to the president.
“This is pure corruption,” Reich, 79, told The Daily Beast Podcast’s Joanna Coles. “Let’s not beat around the bush.”
“When history is written about this administration, one of the first lines and