logo
#

Latest news with #Ellipse

From shaky to robust, 6 months of Donald Trump's second presidency revive his business fortunes
From shaky to robust, 6 months of Donald Trump's second presidency revive his business fortunes

First Post

time03-07-2025

  • Business
  • First Post

From shaky to robust, 6 months of Donald Trump's second presidency revive his business fortunes

President Donald Trump has profited from the presidency like no one else in American history as the difference between the personal and the professional has ceased to exist. Nearly two-thirds of his $11 billion net worth has come from cryptocurrency ventures in past six months alone. read more US President Donald Trump (left) and US First Lady Melania Trump (right) applaud as they watch the Army 250th Anniversary Parade from the Ellipse in Washington DC on June 14, 2025. (Photo: Mandel Ngan/AFP) US President Donald Trump's net worth is almost impossible to accurately estimate because of a complex web that money travels through in his sprawling family and business ventures. But one thing is as clear as day: he has profited from the presidency like no one else in American history. Consider this: In 2023, Forbes estimated Trump's net worth to be $2.5 billion. In March 2025, it rose to $5.1 billion and it rose to $5.2 billion by July. STORY CONTINUES BELOW THIS AD Since 2023, Trump has floated his own cryptocurrency, invested in cryptocurrency ventures, and launched a range of merchandise that brings him and his family money. While Forbes has shown that his net worth more than doubled between late 2023 early 2025 as he first secured the Republican presidential nomination and then won the election, independent analyses have shown that his real net worth would be much more. Trump's total net worth from cryptocurrencies (as much as $7.1 billion), stocks, bonds, and cash (at least $2.2 billion), and real estate and other business holdings (at least $1.3 billion), and fees and royalties (at least $631 million in 2024) is around $11.23 billion, according to The New York Times. No line between personal and the professional The line between the personal and professional has ceased to exist as Trump's children and friends cut deals by using his name and he secures plush deals for himself from foreign governments, such as the luxury aeroplane from Qatar that's essentially a personal gift to him — not to the US government. Trump has also sold seats for private dinners for millions after assuming the office. There are direct conflicts of interest. For example, cryptocurrency industry figures who have attended such dinners by paying him and his family millions have sought deregulation of industry. There are already signs that they are getting their way. One such guest, Chinese billionaire Justin Sun, paid Trump more than $40 million to become one of the largest holders of his $TRUMP cryptocurrency. He was accused by the US Securities and Exchange Commission (SEC) in 2023 of fraud, but the case against him has been put on hold under the Trump administration — an apparent instance of a quid pro quo. STORY CONTINUES BELOW THIS AD Amazon owner Jeff Bezos has announced a film on First Lady Melania Trump that will reportedly pay her as much as $28 million. Trump is also getting a $200 million-worth luxury aeroplane from Qatar. Notably, it is not planned to be a government-to-government deal. The Trump administration plans to donate the aeroplane to the Trump presidential library after the completion of the term which would make it Trump's private property. In simple words, Trump would receive a luxury plane from Qatar as president and then transfer it to him for his personal use as a private citizen. Does public even care about corruption? Trump's brazen use of the presidency for personal enrichment has led many to ask a basic question: does public even care about ethics and corruption? When Hillary Clinton was First Lady, a scandal broke out when it emerged that her investment of $1,000 in 1980s had made her $100,000. Compare that to the money that Melania is making off her husband's name: $28 million. Yet there is barely any outrage. The Trump family is also selling $500,000 membership of a private club in Washington DC, but, again there is barely any outrage. STORY CONTINUES BELOW THIS AD Either the general public never cared about this or the public did care about it but no longer does, according to Paul Rosenzweig, a senior counsel to Ken Starr's investigation of former President Bill Clinton, and later served in the George W Bush administration. Rosenzweig told The Times that he believes the answer is that '80 per cent, the public never cared' and '20 per cent, we are overwhelmed and exhausted'. 'Outrage hasn't died. It was always just a figment of elite imagination,' said Rosenzweig. As Trump has two other co-equal branches of the government in his pocket as well, the Congress and the Judiciary, there is little scope of his and his family's profiteering facing any scrutiny. Some Democrats are hopeful they could generate public backlash. 'It is unlikely he is going to be held accountable through traditional means. There are going to be no special counsels; there's going to be no DOJ [Department of Justice] action. And so it's really just about public mobilization and politics. If Republicans keep paying a price for the corruption by losing special elections throughout the next year, maybe that causes them to rethink their complicity,' Senate Chris Murphy told The Times. STORY CONTINUES BELOW THIS AD

What time is Trump's DC military parade? See full June 14 schedule
What time is Trump's DC military parade? See full June 14 schedule

The Herald Scotland

time15-06-2025

  • Politics
  • The Herald Scotland

What time is Trump's DC military parade? See full June 14 schedule

The day kicks off at about 8:15 a.m. ET with a wreath-laying ceremony headed by Sec. of Defense Pete Hegseth at Arlington National Cemetery. It will be livestreamed here, and followed by a succession of all-day events including an evening parade and wrapping up with a fireworks display. The parade, along with several other events and concerts, will also be livestreamed. The festivities are the "opening event" for the yearlong celebration of America's 250th birthday in 2026, organizers say. While planning for the 2026 bisesquicentennial started nearly nine years ago by an act of Congress, planning began for the June 14 parade a little over a month ago, according to USA TODAY reporting. The administration has repeatedly said that the Army's anniversary and Trump's birthday are coincidental, though it is unclear if the U.S. Navy and the Marine Corps will get their own celebrations during their 250th birthdays this fall. Here is the latest schedule of events, as of a June 11 information sheet published by the U.S. Army's Public Affairs team, along with how to watch. Keep track of Washington: Sign up for USA TODAY's On Politics newsletter. More parade news: Trump is fine with peaceful protests during military parade, White House says Parade protests: 'No Kings Day' protests planned for June 14 with aim to reclaim the American flag When and where is the June 14 DC military parade? The military parade is slated for Saturday, June 14, in the heart of Washington, D.C., spanning six blocks and bisecting the National Mall. Organizers say the procession begins at 6:30 p.m. ET. Festivities kick off earlier in the day, but shift from festival to parade at 6 p.m. ET, organizers say, with updated procession times listing a 6:30 p.m. ET start time on Constitution Avenue and lasting until approximately 7:45 p.m. to 8 p.m. ET. Afterwards there will be an enlistment ceremony, a concert on the Ellipse and fireworks. More information, including any possible changes or updates, are likely to be available on the Army's event website, Graphic of parade route: See where the procession will go through central DC Keep up with Washington: Sign up for USA TODAY's On Politics newsletter. List: DC military parade, festival schedule Here's a breakdown of other events throughout the day, according to the U.S. Army event page as of June 12: About 8:15 a.m. ET: Wreath-laying ceremony headed by Sec. of Defense Pete Hegseth at Arlington National Cemetery Wreath-laying ceremony headed by Sec. of Defense Pete Hegseth at Arlington National Cemetery 9:30 a.m. to noon: Fitness competition Fitness competition 11a.m.: Music performances by the U.S. Army band and U.S. Army Drill Team, among others; cooking demonstration by celebrity chef and U.S. Army veteran Andre Rush Music performances by the U.S. Army band and U.S. Army Drill Team, among others; cooking demonstration by celebrity chef and U.S. Army veteran Andre Rush 12:30 p.m. to 1 p.m.: Noah Hicks performance on main stage Noah Hicks performance on main stage 1 p.m. to 2 p.m.: NFL "Skills and Drills" event NFL "Skills and Drills" event 1:30 p.m. to 1:45 p.m.: Medal of Honor recipients recognition event Medal of Honor recipients recognition event 2 p.m. to 2:50 p.m.: Scotty Hasting performance on main stage Scotty Hasting performance on main stage 2:45 p.m. to 3 p.m.: "Army Astronaut Special Presentation" event "Army Astronaut Special Presentation" event 4:15 p.m. to 5 p.m.: 250th Army Birthday Festival official ceremony with cake cutting, livestreamed 250th Army Birthday Festival official ceremony with cake cutting, livestreamed 6 p.m. to 6:30 p.m. : Festivities transition to parade : Festivities transition to parade 6:30 p.m.: Parade begins Parade begins Approximately 7:45 p.m. to 8 p.m.: Festivities shift to an enlistment ceremony, concert at the Ellipse and fireworks When are Army Birthday Festival on Saturday? The free festival will be held on the National Mall from 11 a.m. to 6 p.m. ET, according to Army organizers. Attendees are advised to enter at 7th Street between the National Gallery of Art and the Smithsonian National Air and Space Museum, between Madison Drive NW and Jefferson Drive SW. It is open to the public, and will feature opportunities to interact with soldiers, watch military demonstrations and displays, listen to live music. Organizers say the festival is family friendly, pointing to robotics displays, celebrity meet-and-greets, face painting, games and a rock wall available for kids. More: Army deletes video of DC parade tanks with 'Hang Fauci & Bill Gates' graffiti What are some of the events during the Army Birthday Festival? The U.S. Army will hold a fitness competition earlier in the day, from 9:30 a.m. ET to noon, organizers say, with events "highlighting the fitness of both individuals and squads" to "test how the teams work under stress and motivate ach other" to cross the finish line. Rather watch the fitness competition than participate? You can tune in to the livestream here, scheduled to begin at 9:10 a.m. ET. Competition awards will be given out at noon, which will also be livestreamed. At 11 a.m., upon the start of the festival, there will be a cooking demonstration by celebrity chef and U.S. Army veteran Andre Rush, who has worked as a chef in the White House during four prior administrations. Music performances also commence at 11 a.m., with performances by the U.S. Army band and U.S. Army Drill Team, among others, lasting until 1:30 p.m. How to watch the Army's 250th anniversary parade The parade will be livestreamed on all U.S. Army social media platforms, and on the U.S. Army's livestream page. Contributing: Cybele Mayes-Osterman, Tom Vanden Brook Kathryn Palmer is a national trending news reporter for USA TODAY. You can reach her at kapalmer@ and on X @KathrynPlmr.

What time is Trump's DC military parade? See full festival schedule
What time is Trump's DC military parade? See full festival schedule

Yahoo

time14-06-2025

  • Politics
  • Yahoo

What time is Trump's DC military parade? See full festival schedule

The U.S. Army is marking its 250th anniversary Saturday, June 14, with a day-long festival, music performances, fireworks and a pomp-filled procession through the streets of the nation's capital in a display with few precedents. The parade and festival, coinciding with President Donald Trump's 79th birthday and Flag Day, will consume several blocks of central Washington, D.C., taking place primarily on the National Mall. The day kicks off at about 8:15 a.m. ET with a wreath-laying ceremony headed by Sec. of Defense Pete Hegseth at Arlington National Cemetery. It will be livestreamed here, and followed by a succession of all-day events including an evening parade and wrapping up with a fireworks display. The parade, along with several other events and concerts, will also be livestreamed. The festivities are the "opening event" for the yearlong celebration of America's 250th birthday in 2026, organizers say. While planning for the 2026 bisesquicentennial started nearly nine years ago by an act of Congress, planning began for the June 14 parade a little over a month ago, according to USA TODAY reporting. The administration has repeatedly said that the Army's anniversary and Trump's birthday are coincidental, though it is unclear if the U.S. Navy and the Marine Corps will get their own celebrations during their 250th birthdays this fall. Here is the latest schedule of events, as of a June 11 information sheet published by the U.S. Army's Public Affairs team, along with how to parade news: Trump is fine with peaceful protests during military parade, White House says Parade protests: 'No Kings Day' protests planned for June 14 with aim to reclaim the American flag The military parade is slated for Saturday, June 14, in the heart of Washington, D.C., spanning six blocks and bisecting the National Mall. Organizers say the procession begins at 6:30 p.m. ET. Festivities kick off earlier in the day, but shift from festival to parade at 6 p.m. ET, organizers say, with updated procession times listing a 6:30 p.m. ET start time on Constitution Avenue and lasting until approximately 7:45 p.m. to 8 p.m. ET. Afterwards there will be an enlistment ceremony, a concert on the Ellipse and fireworks. More information, including any possible changes or updates, are likely to be available on the Army's event website, Graphic of parade route: See where the procession will go through central DCHere's a breakdown of other events throughout the day, according to the U.S. Army event page as of June 12: About 8:15 a.m. ET: Wreath-laying ceremony headed by Sec. of Defense Pete Hegseth at Arlington National Cemetery 9:30 a.m. to noon: Fitness competition 11a.m.: Music performances by the U.S. Army band and U.S. Army Drill Team, among others; cooking demonstration by celebrity chef and U.S. Army veteran Andre Rush 12:30 p.m. to 1 p.m.: Noah Hicks performance on main stage 1 p.m. to 2 p.m.: NFL "Skills and Drills" event 1:30 p.m. to 1:45 p.m.: Medal of Honor recipients recognition event 2 p.m. to 2:50 p.m.: Scotty Hasting performance on main stage 2:45 p.m. to 3 p.m.: "Army Astronaut Special Presentation" event 4:15 p.m. to 5 p.m.: 250th Army Birthday Festival official ceremony with cake cutting, livestreamed 6 p.m. to 6:30 p.m.: Festivities transition to parade 6:30 p.m.: Parade begins Approximately 7:45 p.m. to 8 p.m.: Festivities shift to an enlistment ceremony, concert at the Ellipse and fireworks The free festival will be held on the National Mall from 11 a.m. to 6 p.m. ET, according to Army organizers. Attendees are advised to enter at 7th Street between the National Gallery of Art and the Smithsonian National Air and Space Museum, between Madison Drive NW and Jefferson Drive SW. It is open to the public, and will feature opportunities to interact with soldiers, watch military demonstrations and displays, listen to live music. Organizers say the festival is family friendly, pointing to robotics displays, celebrity meet-and-greets, face painting, games and a rock wall available for kids. More: Army deletes video of DC parade tanks with 'Hang Fauci & Bill Gates' graffiti The U.S. Army will hold a fitness competition earlier in the day, from 9:30 a.m. ET to noon, organizers say, with events "highlighting the fitness of both individuals and squads" to "test how the teams work under stress and motivate ach other" to cross the finish line. Rather watch the fitness competition than participate? You can tune in to the livestream here, scheduled to begin at 9:10 a.m. ET. Competition awards will be given out at noon, which will also be livestreamed. At 11 a.m., upon the start of the festival, there will be a cooking demonstration by celebrity chef and U.S. Army veteran Andre Rush, who has worked as a chef in the White House during four prior administrations. Music performances also commence at 11 a.m., with performances by the U.S. Army band and U.S. Army Drill Team, among others, lasting until 1:30 p.m. The parade will be livestreamed on all U.S. Army social media platforms, and on the U.S. Army's livestream page. Contributing: Cybele Mayes-Osterman, Tom Vanden Brook Kathryn Palmer is a national trending news reporter for USA TODAY. You can reach her at kapalmer@ and on X @KathrynPlmr. This article originally appeared on USA TODAY: What time is Trump's DC military parade? See full June 14 schedule

76 broken norms led the big parade
76 broken norms led the big parade

Washington Post

time13-06-2025

  • Entertainment
  • Washington Post

76 broken norms led the big parade

In today's edition: It's a weird moment for the military, and not only because one wonders whether the Army's Golden Knights paratroopers, scheduled to drop onto the Ellipse on Saturday to present President Donald Trump with an American flag, will also be toting a cake for the commander in chief who scheduled this big, martial shebang to coincide with his own birthday. How does fondant hold up at near-terminal velocity?

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store