Latest news with #TrumpFamily
Washington Post
7 hours ago
- Politics
- Washington Post
Trump's trip to Scotland highlights his complex relationship with his mother's homeland
LONDON — U.S. President Donald Trump 's trip to Scotland this week will be a homecoming of sorts, but he's likely to get a mixed reception. Trump has had a long and at times rocky relationship with the country where his mother grew up in a humble house on a windswept isle.
France 24
10 hours ago
- Business
- France 24
Trump set to visit Scotland for trade talks, and some golf
The 79-year-old billionaire will stay at two luxury seaside golf resorts owned by the Trump family's holding company: at Turnberry in the west, and in the eastern port city of Aberdeen. Trump is set to meet with UK Prime Minister Keir Starmer during his trip across the pond, although exact details are not yet confirmed, before an expected return on Tuesday. Starmer will hope to gauge Trump's intentions for trade with the United Kingdom, which has so far managed to avoid the punishing tariffs unleashed by Trump on dozens of other economies around the globe. The United States and Britain announced a trade agreement in May, but Trump said earlier this month that he hopes to "refine the trade deal that we've made," stoking concerns in London. Starmer, who is more of a football fan than golfer, has nevertheless managed to place himself in Trump's good graces. During his visit to the White House, he charmed Trump with a letter from King Charles III, inviting him for a second state visit from September 17 to 19. The Scotland trip will also allow Trump to put some distance between himself and an ongoing controversy involving his ties with Jeffrey Epstein, the deceased financier and sex offender, and anger among his supporters over failures to release case files. In a sign of how sensitive the issue is, the White House excluded the Wall Street Journal from press pool traveling with Trump this weekend, following an article in the newspaper about a "bawdy" letter he allegedly sent to Epstein in 2003. Unwelcome visitors Trump has always proclaimed his love for Scotland, where his mother is from, though the feeling is not necessarily mutual. Protests are planned to take place Saturday in Aberdeen and Edinburgh in response to his visit, with a large police operation planned. In March, the Trump resort in Turnberry was vandalized, with the message "GAZA IS NOT 4 SALE" sprayed across the grass, a reaction to Trump's suggestion of relocating Palestinians and turning the Gaza Strip into luxury real estate. The Trump Organization is also set to open a new golf course in Balmedie, Aberdeenshire, in the northeast of Scotland, sparking discontent among locals and environmentalists. The visit is yet another example of how Trump has blurred the line between his official duties as president and promoting the family business since returning to power in January. The US advocacy group Citizens for Responsibility and Ethics in Washington (CREW) in May cited 21 Trump-branded development projects that would be carried out internationally during his second term. CREW also noted that the Trump Organization's ethics guidelines published in January did not prohibit the business from launching projects abroad with private interests, in sharp contrast to a self-imposed moratorium of such deals during Trump's first term in office. © 2025 AFP
Russia Today
2 days ago
- Business
- Russia Today
Trump Media invests $2 billion in Bitcoin
US President Donald Trump's media and technology company has acquired about $2 billion in Bitcoin and related assets, underscoring his administration's accelerating pivot toward cryptocurrencies. The Trump family has increasingly aligned with the crypto industry through new ventures, investments, and public endorsements in recent months. On Monday, Trump Media – the firm behind the Truth Social platform – announced the acquisition, saying another $300 million in capital has been allocated to an options-based Bitcoin strategy, and signaling that it may convert the options into cryptocurrency depending on market conditions. The assets will be used 'to generate revenues and potentially to acquire additional crypto assets,' CEO and President Devin Nunes said. Crypto now accounts for about two-thirds of the firm's $3 billion in liquid holdings. The purchase is part of Trump Media's 'Bitcoin treasury plan', which involves buying and holding digital assets – similar to how companies stockpile bonds – to increase liquidity and financial flexibility. Trump Media shares soared nearly 10% following the announcement. Trump, who placed his shares in a revocable trust managed by Donald Trump Jr., maintains a major stake valued at around $2.3 billion. Once a crypto skeptic, Trump reversed course during the 2024 campaign, pledging to make the US the 'crypto capital of the world' and to serve as its 'crypto president.' Since returning to the White House, he has backed several family-led ventures in the space, including World Liberty Financial – a decentralized finance project that has brought in $500 million since launching in September. As part of the new US 'strategic reserve' of crypto assets unveiled in March, Trump signed the GENIUS Act last week – the country's first major law regulating digital currency. Critics have claimed that the overlap between Trump's crypto ventures and his political authority could result in widespread corruption. Trump Media's announcement came less than a week after Bitcoin hit a record high, topping $120,000 – reinforcing its position as the world's most valuable and widely held cryptocurrency. Analysts attributed the rally to surging institutional demand and a shift in US policy under Trump. On Tuesday, it was trading at $118,395 per coin.
Yahoo
6 days ago
- Politics
- Yahoo
Trump Claims Uncle Taught the Unabomber, No Evidence to Support Allegation
President Donald Trump claimed his late uncle, John Trump, taught Ted Kaczynski, the infamous Unabomber, while at MIT.
Washington Post
6 days ago
- Business
- Washington Post
Takeaways from the AP's reporting on Trump's business deals
WASHINGTON — From crypto coins to bibles, overseas development deals to an upcoming line of cellphones, President Donald Trump's family businesses have raked in hundreds of millions of dollars since his election. That flood of money — from billionaires, foreign governments and cryptocurrency tycoons, often with interests before the federal government — has permitted the president to leverage the power of his office for personal gain unlike any of his predecessors.
