President Trump made more than $2 billion last year — far exceeding his presidential salary of $400,000. His growing fortunes are raising questions about his allegiance to investors, particularly foreign ones, as he makes policy decisions and shapes the direction of the country.
The contributing Opinion writer Christopher Caldwell and the Harvard law professor Jack Goldsmith discuss how the president has amassed this fortune, whether it’s legal and if the United States is becoming a kleptocracy.
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00:00 Why Trump’s Wealth Is Unusual
01:30 Presidential Ethics Before Trump
02:28 Trump’s Crypto and Foreign Money Flows
06:12 Is It a Kleptocracy?
07:36 What’s Unconstitutional About Trump’s Finances
10:43 The U.A.E. and Trump’s Foreign Policy
13:41 How Trump’s Weaponization Is Changing Government
16:42 What Congress Could Do
18:59 The Tit for Tat Weaponization
24:13 Can Trump Pardon Himself?
26:57 The “Deep-State” Crackdown
36:59 Oversight Norms and Voter Verdict
42:46 Closing Thoughts
(A full transcript of this episode is available on the Times website.)
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