Dossier mode
Self-Dealing & Crony Capitalism
The hub, restaged as a presenter deck: the pattern it keeps finding, the cases on the record, and the questions still open. The roster reads from the live index, so it stays current as investigations land. Open the full hub.
Self-Dealing & Crony Capitalism
The people who write the conflict-of-interest rules are the same people the rules are supposed to constrain — and they enforce them against the other party's family while going quiet on their own.
The person who decides what counts as a conflict of interest should never be the person who has one.
When enforcement becomes selective, the rule stops being a rule and becomes a weapon.
What this hub is, and is not.
- A working record of who is monetizing public office, graded case by case — not a single grand-conspiracy thesis.
- Not a claim that every Trump business is a foreign conduit. The record here is the specific subset where the counterparty is a government or state-adjacent entity and the pricing, timing, or terms are hard to explain commercially.
- The move under examination is not denial. It is officials asserting they themselves get to decide whether a conflict exists.
Documented, not alleged.
Every anchor claim cites SEC filings, OGE forms, IRS 990s, sworn testimony, or major-outlet reporting on those primary records. The receipts are published.
Conflict is not self-graded.
'There is no conflict of interest' is not an argument — it is a claim that requires evidence. The subject of the conflict is not the referee.
The double standard is the story.
The same conduct is a scandal or a non-event depending on whose family did it. The gap is where the enforcement is actually captured.
Scale is a moving target.
The dollar figures grow as new disclosures land. What stays constant is the shape: office-holders monetizing position while their own rules stay unenforced against them.
in cash to Trump-family entities from World Liberty Financial token sales in sixteen months — one venture, launched after the election.
Reuters / Yahoo Finance
On April 23, 2025, the $TRUMP memecoin site announced its 220 largest holders would get dinner with the president. The price jumped 50%+ in days; the winners spent ~$148M, and roughly 600,000 small wallets lost money.
Documented in a House Judiciary Democrats' letter and contemporaneous reporting on the holdings, the dinner, and the price move.
Reuters found the family and its partners collected roughly $2.3 billion across the crypto ventures — matched almost dollar-for-dollar by roughly $2.3 billion in losses borne by the retail investors who bought in.
Reuters' June 2026 data investigation of every disclosed Trump-family crypto venture, corroborated by NYT reporting on investor losses.
On his federal disclosure, Trump bought $1M–$5M of Axon stock on Feb 10, 2026. Two weeks later ICE posted a sources-sought notice that became a ~$220M Taser contract to Axon.
The stock purchase is on the OGE-278 disclosure and the ICE procurement is on the record; the causal read is the page's inference, graded accordingly.
Four days before the inauguration, Abu Dhabi deputy ruler and spymaster Sheikh Tahnoon bin Zayed secretly bought a 49% stake in World Liberty Financial for $500 million.
WSJ investigation on the secret stake; the UAE-affiliated MGX separately put $2B into WLFI's USD1 stablecoin.
from Saudi Arabia's Public Investment Fund into Jared Kushner's Affinity Partners, six months after he left the White House — over the objection of the PIF's own screening committee.
New York Times
Commerce Secretary Lutnick promised under oath to divest within 90 days, then transferred his Cantor Fitzgerald stake to his sons' trusts on Oct 6, 2025 — months late — with a Dynasty Trust borrowing an undisclosed sum from Tether.
OGE-278 disclosure and SEC-filed BGC/Newmark sales are FACT; the timing and the Tether-financed structure are documented by Bloomberg, with amounts the family declined to confirm.
Former DHS Secretary Noem ran a $220M taxpayer-funded ad campaign that skipped competitive bidding under the border 'emergency.' $143M went to a firm whose CEO is married to her department's chief spokesperson.
ProPublica investigation of the DHS ad contracts and the family relationship.
Trump Jr. sits on the advisory board of Unusual Machines, holding ~331,580 shares (~$4M). In October 2025 the U.S. Army placed a contract for ~3,500 drone motors with the company.
The shareholding and board role are disclosed; the Army contract is on the procurement record.
The Campaign Legal Center sorts ~1,700 second-term clemency grants into reward, corruption, and brokered pardons. A Reuters review found 96% of them failed DOJ's own guidelines.
CLC's three-category framework and Reuters' guideline-compliance analysis of the clemency record.
Roy Cohn represented Trump from 1973 until Cohn's 1986 disbarment, and is the documented source of the operating style the hub keeps finding: deny, attack, never settle, treat the rules as things you write for other people.
The representation begins with the 1973 DOJ housing-discrimination suit and is traced in NYT reporting on the Cohn–Trump relationship.
The same apparatus, two verdicts.
- $7.5M in Ukrainian and Chinese payments.
- Called 'the biggest political corruption scandal in our lifetime.'
- 40+ hours of prime-time coverage; congressional investigators, cabinet secretaries.
- Documented two to three orders of magnitude larger.
- Defended in writing as something the officials themselves get to permit.
- Same investigators, same anchors — silent, or enthusiastic.
The cases on the record. Each opens in a new tab.
The sum a Lutnick family trust borrowed from Tether — and whether that financing funded the Commerce Secretary's 'divestment' — is undisclosed.
The loan amount and terms. Cantor and the Lutnick family declined to confirm either; Bloomberg published the existence of the loan, not its size.
Help us fill it →The counterparties behind roughly $800M in suspicious pre-announcement oil trades around Iran-war news are not fully public.
The full list behind the CFTC probe. Three names have surfaced in reporting; the complete set of Tag-50 identifiers is still sealed.
Help us fill it →Cantor Fitzgerald's answer to the July 2026 Senate letter on the USA Rare Earth deal is on the record as unanswered.
Any substantive response. The response deadline passed with no public reply as of this hub's publication.
Help us fill it →Why it matters now.
None of this is hidden. It is disclosed, defended, and repeated — because the defense is not that there is no conflict, but that the person with the conflict gets to decide whether it counts. The figures will keep growing; the shape is already fixed.
Help us fill these lines.
- OpenThe size and terms of the Tether loan to the Lutnick family trust, and whether it financed the divestment.
- OpenThe full set of counterparties behind the pre-announcement oil and event-contract trades under CFTC and DOJ investigation.
- OpenCantor Fitzgerald's substantive response to the Senate probe of the USA Rare Earth placement.