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George Stephanopoulos Rips Trump for Monetizing Presidency
George Stephanopoulos, on Sunday, ripped President Donald Trump — calling out his "unprecedented money-making by a sitting president."
www.mediaite.com
George Stephanopoulos, on Sunday, ripped President Donald Trump — highlighting the “unprecedented money-making by a sitting president and his family.”
In a scorching show open on ABC’s This Week, Stephanopoulos called out the Trumps for cashing in on the office — while noting that those who are filling the Trump family coffers are benefitting from “official actions” taken by the White House.
“The scale is staggering,” Stephanopoulos said. “President Trump and his family are making hundreds of millions, potentially billions of dollars — as Trump and his administration take official actions that benefit contributors and investors.”
The ABC News anchor called out Trump’s “pardons to tax cheats,” and various windfalls originating from the Trump family’s foray into cryptocurrency.
“Just this week, we learned of pardons to tax cheats — including a man whose pardon was granted weeks after his mother attended a million-dollar-a-head fundraiser with the president,” Stephanopoulos said. “The Trump Media and Technology Group raised nearly $2.5 billion from 50 institutional investors whose identities have not been disclosed. The SEC dropped its lawsuit against the cryptocurrency firm Binance days after Binance began listing the cryptocurrency launched by World Liberty Financial — the crypto firm started by Trump’s family.”
Stephanopoulos concluded his monologue by quoting an excerpt from a recent Atlantic column written by David Frum titled, “The Trump Presidency’s World-Historical Heist.” The stunning passage accused Trump of massive corruption on par with some of the worst regimes in world history.
“Nothing like this has been attempted or even imagined in the history of the American presidency,” Frum wrote. “Throw away the history books, discard feeble comparisons to scandals of the past. There is no analogy with any previous action by any past president. The brazenness of the self-enrichment resembles nothing seen in any earlier White House. This is American corruption on the scale of a post-Soviet republic or a post-colonial African dictatorship.”
The show proceeded to air a seven minute segment on the various ethics controversies surrounding the recent pardons and crypto maneuvers, before bringing in former New Jersey Governor Chris Christie — who argued that Trump is essentially “eliminating white collar crime in America.”
“He’s saying it doesn’t exist,” Christie said. “Anything goes.”
Watch above, via ABC.
