Donald Trump Cashes In: Trump’s Year of Pay-To-Play Politics 

Donald Trump’s first year in office has seen rampant corruption as Trump has used the power of the presidency to enrich himself and his family and line the pockets of his wealthy donors. From corrupt political pardons to shady business dealings, Trump and his administration have leveraged their positions for personal gain time and again. The Trump family has pocketed more than $1.8 BILLION since the 2024 election, including over $1.2 billion in crypto earnings.  

In response, DNC Rapid Response Director Kendall Witmer released the following statement: 

“This year, Donald Trump sold out the American people every chance he got if it meant making an extra buck for himself and his billionaire buddies. While everyday Americans stretch their budgets to make ends meet, Trump has doubled down on his pay-to-play politics. He and his cronies are using the government as their personal ATM, and working families are the ones paying the price. During a year plagued by sky-high inflation and widespread job losses, Trump has made clear that he cares more about lining his pockets than helping everyday Americans.” 

Trump has paused investigations into companies and billionaires who have enriched his family and businesses, including securities fraud cases and investigations into crypto billionaires who infused over $1 billion into Trump-owned crypto ventures. The administration has similarly funneled hundreds of millions of dollars into companies linked to Trump’s children, including at least four portfolio companies of Donald Trump Jr’s 1789 Capital. 

On his first day in office, Trump pardoned more than 1,500 people convicted or charged in connection with the January 6th insurrection. To make matters worse, Trump has pardoned numerous donors convicted of financial crimes after they, or someone close to them, contributed millions to Trump’s campaigns. 

The White House has also leveraged its foreign policy to benefit foreign nations that invested in Trump family businesses. The administration made deals with Saudi Arabian officials after the country invested billions in Trump family ventures and gave the UAE access to U.S. chips. At the same time, Trump’s family business landed a crypto investment from the country. Trump also accepted a $400 million luxury jet from Qatar — possibly the biggest foreign gift ever — and plans to retrofit it at taxpayer expense for use as Air Force One.