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    Jared Kushner is back – and so are big questions about his financial ties | Mohamad Bazzi

    In Donald Trump’s first term, his son-in-law and senior adviser Jared Kushner was omnipresent. He worked on criminal justice reform, Covid-19 vaccine development and modernizing technology across federal agencies. His portfolio extended to foreign policy, as he brokered a new North American trade agreement and negotiated peace deals in the Middle East. But when Trump returned to the White House in January, Kushner stayed out of the limelight and declined to take a formal role in the administration.A few weeks ago, Kushner re-emerged as a central player behind Trump’s peace plan for Gaza, which so far has achieved a ceasefire, an exchange of Israeli hostages for Palestinian prisoners and a partial withdrawal of Israeli forces from the territory. Kushner took a victory lap, as Trump and others in the US administration gave him significant credit for helping negotiate a ceasefire after two years of Israel’s brutal war on Gaza. Kushner is being hailed as the consummate deal-maker, a private citizen whose business acumen succeeded where career diplomats failed.But as in Trump’s first term, Kushner’s diplomatic work often overlapped with his business dealings, raising questions about financial conflicts. In fact, his potential conflicts are even more conspicuous today. Kushner’s key role in brokering the Gaza deal, which includes a framework for the territory’s postwar redevelopment, cannot be separated from the investment firm he owns, Affinity Partners, which is overwhelmingly financed by the very Arab petrostates critical to the agreement and potential reconstruction – Saudi Arabia, Qatar and the United Arab Emirates. Together, these three states provided crucial support to Kushner after he left the White House in January 2021, investing billions of dollars that allowed him to launch and expand his private equity firm.Six months after the end of the first Trump administration, Kushner’s newly created company secured a $2bn investment from Saudi Arabia’s sovereign wealth fund. It was an unusually large stake, considering that Kushner and his firm had little experience or track record in private equity. In fact, the kingdom’s crown prince and de facto ruler, Mohammed bin Salman, overruled a group of advisers who had objected to investing in Kushner’s new project. The advisers warned that due diligence conducted on behalf of the Saudi Public Investment Fund had found the firm’s early operations “unsatisfactory in all aspects”. But leaked internal documents published by the New York Times showed that Prince Mohammed dismissed those concerns, and he was more focused on using the infusion of Saudi cash to cultivate a “strategic relationship” with Kushner.It’s no surprise that the prince would want to reward Kushner for his steadfast support during Trump’s first term – and hedge the kingdom’s bets in case Trump returned to power. Throughout his first term, Trump tried to shield Prince Mohammed from blame for the 2018 assassination of the Saudi journalist Jamal Khashoggi, who was ambushed inside the Saudi consulate in Istanbul by a 15-member hit team. Despite a CIA assessment that concluded, with “high confidence,” that the prince had ordered the killing, Trump and Kushner offered the Saudi regime continued political support and billions of dollars in US weapons sales.The scale and timing of the Saudi sovereign wealth fund’s commitment to Kushner suggests its $2bn in funding wasn’t driven by market forces, but rather a bet by the crown prince on continued goodwill from a future Trump administration. A subsequent congressional investigation revealed that the Saudi leader did not earn a traditional return on his investment.In September 2024, as Trump was running for president, a US Senate committee found that Kushner’s firm had been paid $157m in management fees from foreign clients since 2021 without returning any profit to its investors. The Senate investigation, which was launched by Ron Wyden, a Democratic senator from Oregon who chaired the finance committee at the time, showed that Affinity Partners had collected $87m in fees from the Saudi wealth fund. In a letter to Kushner’s company, Wyden questioned why the firm had not generated any profit for its investors, despite charging hefty management fees – and he raised concerns that the entire venture was a way for foreign powers to buy influence in anticipation of Trump returning to power. “Affinity’s investors may not be motivated by commercial considerations, but rather the opportunity to funnel foreign government money to members of President Trump’s family,” Wyden wrote.In December 2024, Kushner revealed that he had raised an additional $1.5bn for Affinity Partners from investment funds controlled by Qatari and UAE government officials. In a podcast interview, Kushner said he had “pre-emptively tried to avoid any conflict” by securing new funding from his existing investors before Trump won the presidential election. The added funds brought the firm’s total assets to $4.8bn by the end of last year, nearly 99% of it from foreign sources. The increase in management fees raked in by Affinity has also boosted Kushner’s personal wealth, and turned him into a billionaire, according to Forbes.After Republicans regained control of the Senate in January, Wyden lost the finance committee chair position and his investigation into Kushner’s company foundered. With Republicans controlling both houses of Congress, and a supreme court ruling last year that gave Trump broad immunity for official acts, Trump and his family are facing little scrutiny in Washington for exploiting the presidency to promote their business interests.Aside from being the primary funders of Kushner’s firm, Saudi Arabia, Qatar and the UAE also have deals at various stages of development with Trump’s family business. Those Trump-branded real estate projects, hotels and golf resorts are worth billions of dollars. And like most foreign deals negotiated by the Trump Organization, the company won’t put up any capital but will earn millions of dollars in branding and management fees once projects are operational. As he’s done throughout his career, Trump continues to sell his name to make easy money.The Trump administration insists that Kushner’s diplomatic work in the Middle East – while he manages an investment firm funded by three Arab monarchies – poses no conflict of interest. When a reporter asked about the appearance of self-dealing at a press conference on 1 October, the White House press secretary, Karoline Leavitt, snapped back: “I think it’s frankly despicable that you’re trying to suggest that it’s inappropriate for Jared Kushner” to help Trump negotiate the Gaza ceasefire deal. She added: “Jared is donating his energy and his time to our government, to the president of the United States, to secure world peace, and that is a very noble thing.”Trump also praised his son-in-law’s diplomatic skills, telling a cabinet meeting on 9 October: “I put Jared there because he’s a very smart person and he knows the region, knows the people, knows a lot of the players.”It’s true that Kushner leveraged his relationship with Arab leaders, along with a family friendship with the Israeli prime minister, Benjamin Netanyahu, to finalize Trump’s 20-point peace plan. And Kushner helped persuade both the Israeli government and Hamas to accept a ceasefire and hostage-prisoner swap, while delaying thornier questions to later negotiations.But even as he brokered the fragile ceasefire agreement, Kushner continued to negotiate business deals that benefit his firm and foreign partners – including Saudi Arabia, which the Trump administration was consulting as part of its emerging Gaza deal. On 29 September, the same day that Trump and Netanyahu revealed their Gaza agreement at the White House, Kushner and the Saudi sovereign wealth fund announced that they had reached a $55bn deal to acquire the video game publisher Electronic Arts. The game maker is dominant in sports gaming, and Saudi Arabia has made a push in recent years to buy soccer teams and other sports franchises.The Electronic Arts deal will require approval from the Committee on Foreign Investment in the US, a panel of federal regulators that evaluates large foreign deals which could raise national security concerns. In 2023, members of Congress launched an investigation into the Saudi fund’s investments in US sports, especially the Saudi-backed LIV Golf, a rival to the PGA Tour.Will the Saudi interest in Electronic Arts face similar scrutiny by the Committee on Foreign Investment under the Trump administration? That’s highly unlikely, considering that the president’s son-in-law will be one of the deal’s beneficiaries. The Financial Times reported last month that Kushner’s involvement could ease the sale’s path with US regulators.Unlike his central role during Trump’s first term, Kushner now seems to prefer serving as a powerful deal-maker behind the scenes in the Middle East. And with no formal job in the current administration, Kushner has avoided most previous criticism of his business dealings. He has no White House title, and far less oversight this time around.But he will probably remain at the center of negotiations about rebuilding Gaza, and reviving a potential diplomatic agreement between Israel and Saudi Arabia, a longtime goal of the Trump administration. And with little resistance from Congress, Kushner and the rest of Trump’s family will continue to reap the financial benefits of dominating the US government.Mohamad Bazzi is director of the Center for Near Eastern Studies, and a journalism professor, at New York University More

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    ‘Trump is like a juggernaut’: how the Gaza ceasefire deal was done

    It is a well-known adage in politics that success has many parents, but failure is an orphan. Except when Donald Trump is involved, in which case there is only one parent.Nevertheless, many countries and individuals have a right to step forward to claim an authorial role in the deal that it is hoped will bring an end to the two-year war in Gaza.But it is a sign of the collective nature of the effort of the past few months that so many can credibly claim a role, including the US president, who after many false starts was finally persuaded to focus, end the fantasy of driving tens of thousands of Palestinians from their homeland and instead spell out to Benjamin Netanyahu the versions of victory the Israeli prime minister could and could not have.The turning point was a meeting in New York on the sidelines of the UN general assembly chaired by Trump, soon after his baroque speech to the gathering. Trump described the sidelines chat as his most important meeting at the UN. In the encounter organised by the United Arab Emirates, he set out for the first time his then 20-point plan for peace in front of a group of Arab and Muslim states that could form the backbone of any stabilisation force that entered Gaza in the event of a ceasefire.By then Trump, with the help of his son-in-law Jared Kushner and the former British prime minister Tony Blair, had been convinced to change his mind on two critical issues. First, Palestinians should not be driven from Gaza and Israel should not rule the territory. “Gaza should be for Gazans,” one said.That meant Trump dropping the displacement rhetoric he deployed earlier in the year, when he triggered widespread alarm by speaking of plans to develop a “Gaza Riviera”.View image in fullscreenSecondly, Trump was persuaded a “day after” plan for the future of Gaza would not complicate the negotiations on a ceasefire-hostage release agreement by adding new contested ingredients, but was the precondition for success. A UK diplomat explained Blair’s thinking: “Hamas was not going to give up unless it knew the Israelis were going to get out and the Israelis were not going to get out and stop occupying Gaza unless they knew Hamas were not going to be in government. Unless you resolved the question of who governs Gaza you cannot bring the thing to an end.”That in turn made it easier for the Arab states to put political pressure on Hamas to negotiate since they could point to a route towards Palestinian statehood, something that has always been their precondition for reconciliation with Israel. The Arab states had also put their names to demands that Hamas stand aside and disarm.One of those involved in persuading the US president said: “People don’t want to hear this but the advantage of Trump is that once he decides to do something he is like a juggernaut. And he really did put pressure on the Israelis.”Trump’s mood towards Israel was clouded by Netanyahu’s unilateral decision to bomb Doha on 9 September in the hope of wiping out Hamas negotiators. Trump had not been consulted, but the US assurances were met with scepticism. As a result Netanyahu, not a man prone to contrition, was ordered to apologise and say he would respect Qatar’s sovereignty in future.View image in fullscreenTo repair relations fully with Qatar, the host of main US airbase in the Middle East, Trump issued an extraordinary executive order saying any future attack on the emirate would be treated as an attack on the US. All this meant the US leader was better disposed to the Gulf states’ vision of a new Middle East. In a sign he was prepared to push the Israeli government hard, in a way Joe Biden had not, Trump told Israel there would be no further annexations in the West Bank.From the very start of the sidelines meeting at the UN in September, the aim of the Arab states was to bind Trump personally into the process. Qatar’s emir, Sheikh Tamim bin Hamad Al Thani, said: “We count on you and your leadership … to end this war and to help the people of Gaza.” He said Israel’s real objective was “to destroy Gaza, to render housing, livelihoods, education, and medical care impossible, stripping away the very foundations of human life”.The concept that Trump personally was central to a solution – indeed its guarantor – flattered the US president who offered himself up as the chair of the peace board, the body that would oversee the reconstruction of Gaza.In one sense, he would be just a name plate, but to the extent he has a hinterland, it is construction. That means there is a possibility he will remain engaged, for the moment at least.Those observing him said Trump began to feel he had a serious opportunity to solve a conflict he variously said had lasted 3,000 or 600 years, in contrast to his failed attempt in Ukraine. The prospect of winning the Nobel peace prize, Trump’s obsession, hovered once more into view.View image in fullscreenThat meant that once his plan was published Trump did not let go, but kept the pressure up on Hamas, warning of the group’s annihilation if it did not release the hostages in return for 250 Palestinians. But neither did Trump let Israel backtrack. Speed and momentum became of the essence.It was the seniority of the negotiators who went to the talks in Egypt that revealed the stars were finally aligning and Hamas would be forced into releasing all the hostages it held, even though Israel would not immediately leave all of Gaza. The scenes were extraordinary enough in that the Hamas negotiators were – albeit through mediators – holding talks with a government that had tried to assassinate them a month earlier. By the time they started the participants sensed a deal was unavoidable.The arrival of Kushner, the head of the intelligence office of the Turkish president Recep Tayyip Erdoğan, İbrahim Kalın, and the prime minister of Qatar, Mohammed bin Abdulrahman Al Thani, confirmed a breakthrough was imminent.During the talks, Hamas negotiators led by its leader Khalil al-Hayya, Mohammad al-Hindi, the deputy secretary general of Islamic Jihad, and Jamil Mezher, the deputy secretary general of the Popular Front for the Liberation of Palestine, sought to clarify the names of the Palestinians to be released, the mechanism of the release of the Israeli hostages and the “day after” aspects of the agreement, poring over the maps showing a withdrawal of Israel’s forces.But Hamas was told while the critical “day after” principles stood, the details would have to wait for a second linked negotiation. The risk for Hamas now is that it loses its leverage upon handing over the hostages – and that fears Israel will then refuse to engage with the plans for Gaza’s future or find a pretext to restart the fighting will be realised. The domestic brake on Netanyahu resuming the fighting – the demand to save the hostages – would have gone.Here Trump’s continued willingness to keep up the pressure on Netanyahu was critical, and is acknowledged by Hamas in its statements referring to the US president as guarantor of the plan. On Fox News, Trump said he had told Netanyahu that “Israel cannot fight the world”, adding: “And he understands that very well.” He said: “You will see people coexisting and Gaza will be rebuilt.”By contrast Amit Segal, a journalist close to Netanyahu, said: “There’s no phase two. That’s clear to everyone, right? Phase two might happen someday, but it’s unrelated to what’s just been signed.”Many elements of Trump’s 20-point plan are being addressed by diplomats from the US, Europe and Arab states at a separate gathering in Paris on Wednesday.View image in fullscreenOn the agenda are issues such as the Hamas handover of weapons; its exclusion from future administrations; the mandate of an international peacekeeping force; the delivery of resumed aid flows; and the future relationship between Gaza and the West Bank as the nucleus of a future Palestinian state. On almost all these, there have been deep differences between Israel on the one hand, and Europe and the Arab states on the other.But in a promising sign, US officials will attend this meeting, suggesting Washington does not favour an armed status quo.At the centre of these discussions is Blair, who is to sit on the peace board or interim government that will oversee the Palestinian technocrats that help implement reconstruction plans. Blair will have to convince the Palestinian Authority that he is not offering a colonial-esque arrangement, as the former prime minister says it fears. But he is unlikely to do the job unless he has real powers, something he feels was not given when he was Middle East special envoy to the quartet.Arab leaders are seeking assurances that the international stabilisation force that eventually enters Gaza has a UN security council mandate, and that there is a clear plan to treat Gaza and the West Bank as one political entity.One of the most difficult issues unresolved in the rushed talks in Egypt is the timing of the Hamas weapons handover. The group may be willing to deliver its arms to an Arab-run authority, or a Palestinian civil police force, but not to Israel. Some diplomats even believe Hamas may feel the need to take a new political course, something it has been close to doing before. “Gazans are going to demand to know what the past two years were about,” one diplomat said.One diplomat involved in the talks said: “The tragedy is that this could have all been agreed 20 months ago, all the elements were there. The key Israeli objective – which is why it is a tragedy this war has gone on so long – was the removal of Hamas from future rule, and that was obtainable a long time ago.” More

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    Trump signs order promising measures, including military, to defend Qatar

    Donald Trump has signed an executive order vowing to use all measures including US military action to defend the energy-rich nation of Qatar – though it remains unclear just what weight the pledge will carry.The text of the order, available Wednesday on the White House’s website but dated Monday, appears to be another measure by Trump to assure the Qataris following Israel’s surprise attack on the country targeting Hamas leaders as they weighed accepting a ceasefire with Israel over the war in the Gaza Strip.The order cites the two countries’ “close cooperation” and “shared interest”, vowing to “guarantee the security and territorial integrity of the state of Qatar against external attack”.“The United States shall regard any armed attack on the territory, sovereignty or critical infrastructure of the state of Qatar as a threat to the peace and security of the United States,” the order says.“In the event of such an attack, the United States shall take all lawful and appropriate measures – including diplomatic, economic, and, if necessary, military – to defend the interests of the United States and of the state of Qatar and to restore peace and stability.”The order apparently came during a visit to Washington on Monday by Benjamin Netanyahu. Trump organized a call by Netanyahu to Qatar during the visit in which Netanyahu “expressed his deep regret” over the strike that killed six people, including a member of the Qatari security forces, the White House said.Qatar’s foreign ministry described the US pledge as “an important step in strengthening the two countries’ close defense partnership”. The Qatari-funded Al Jazeera satellite news network declared: “New Trump executive order guarantees Qatar security after Israeli attack.”Trump also spoke on the phone later Wednesday to Qatar’s ruling emir, Sheikh Tamim bin Hamad al-Thani, according to a White House official who was not authorized to speak publicly and spoke on condition of anonymity.The White House did not release details about the call, though Qatar later said the two men spoke about Doha’s efforts to reach a ceasefire in the Israel-Gaza war.The true scope of the pledge by the US remains in question. Typically, legally binding agreements, or treaties, need to receive the approval of the US Senate. However, presidents have entered international agreements without the Senate’s approval, as Barack Obama did with Iran’s 2015 nuclear deal with world powers.Ultimately, any decision to take military action rests with the president. That uncertainty has clouded previous US defense agreements in Trump’s second term, such as Nato’s Article 5 guarantees.Qatar, a peninsular nation in the Persian Gulf, became fantastically wealthy through its natural gas reserves. It has been a key partner of the US military, allowing its Central Command to have its forward operating base at its vast Al Udeid airbase.Joe Biden named Qatar as a major non-Nato ally in 2022, in part due to its help during the US’s chaotic withdrawal from Afghanistan. And Qatar has maintained close ties to Trump, from a real estate project with his eponymous Trump Organization to offering him a Boeing 747 to use as Air Force One.In the aftermath of the Israeli attack, Saudi Arabia entered a mutual defense agreement with Pakistan, bringing the kingdom under Islamabad’s nuclear umbrella. It’s unclear whether other Gulf Arab countries, worried about both Israel as well as Iran as it faces reimposed United Nations sanctions over its nuclear program, may seek similar arrangements with the region’s longtime security guarantor.“The Gulf’s centrality in the Middle East and its significance to the United States warrants specific US guarantees beyond President Donald J Trump’s assurances of nonrepetition and dinner meetings,” wrote Bader al-Saif, a history professor at Kuwait University who analyzes Gulf Arab affairs. More

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    Trump lambasts Republicans pursuing what he calls the ‘Epstein hoax’ as ‘stupid people’ – live updates

    The president then was asked what evidence he might have seen to change his stance on the Epstein case, which this morning he called a “hoax”.Trump doubled down on his claim that it’s a “big hoax,” but did not provide evidence to support this claim. He also claimed the Epstein case was “started by the Democrats,” but again cited no evidence (though he did mention the Steele Dossier, a report on Trump’s 2016 campaign that alleged cooperation with Russia?).“Some stupid Republicans and foolish Republicans fall into the net and try to do the Democrats’s work,” Trump said.“They’re stupid people,” he continued to say about Republicans who believe there is more to be revealed about the Epstein case.A federal judge in Tennessee said on Wednesday that he would not rule this week on the legal status of Kilmar Ábrego, the migrant returned to the US after being wrongly deported to El Salvador, according to Adam Klasfeld, a legal reporter who was in the Nashville courtroom.Federal prosecutors sought to convince US district judge Waverly Crenshaw to reverse a magistrate judge’s ruling allowing Ábrego – who faces human smuggling charges that were only developed after his wrongful deportation to a Salvadorian prison became a source of embarrassment for the Trump administration – to be released on bail to await a trial.The Trump administration claimed Ábrego was in the MS-13 gang, although he was not charged with being a member and has repeatedly denied the allegation. Facing mounting pressure and a US supreme court order, the administration returned Ábrego to the US last month to face the smuggling charges, which his attorneys have called “preposterous”.A department of homeland security investigator, Peter Joseph, testified about the investigation on Wednesday, detailing information authorities learned from alleged co-conspirators with Ábrego in a migrant smuggling ring.Ábrego’s lawyers have suggested that the testimony of his alleged co-conspirators is unreliable, since all of them have either criminal or immigration cases of their own, with their deportations being deferred in exchange for their cooperation with the government.Even if the judge in orders him released from criminal custody, the Trump administration has said Ábrego will immediately be detained by immigration authorities and face a second deportation.Ábrego’s lawyers have asked US district judge Paula Xinis in Maryland to order the government to send him to Maryland if he is released in Tennessee, a request that aims to prevent his expulsion before trial.Donald Trump, who reportedly consumes a dozen Diet Cokes every day, just announced that he has convinced Coca-Cola to return to using sugar in its drinks.“I have been speaking to Coca-Cola about using REAL Cane Sugar in Coke in the United States, and they have agreed to do so”, Trump posted on his social media network. “I’d like to thank all of those in authority at Coca-Cola. This will be a very good move by them — You’ll see. It’s just better!”Coca-Cola currently sweetens its drinks with high-fructose corn syrup, in large part because a previous Republican president, Ronald Reagan, imposed tariffs on imported sugar in 1981, dramatically raising prices.Those tariffs and quotas had the effect of incentivizing domestic corn syrup production and consumption in the United States. Trump’s initiative could have the unintended effect of lowering the demand for corn, the domestic production of which is heavily subsidized by the federal government.If enough Americans agree with the president that Coca-Cola sweetened with sugar is better tasting, that could also cut against the efforts of his health secretary, Robert F Kennedy Jr, to make Americans healthier by getting them to consume less sweet, carbonated beverages.Kennedy has supported efforts to prevent Americans from spending food-aid benefits on sugary, carbonated beverages.High-fructose corn syrup isn’t necessarily worse for us than table sugar, Frank Hu of the Harvard School of Public Health told the Pittsburgh Post-Gazette in 2012, but it is also healthier to avoid both.Hu, professor of nutrition and epidemiology, told the daly that the two sweeteners are chemically quite similar. High-fructose corn syrup, made from corn, is about 55% fructose and 40% glucose. Table sugar, or sucrose, is made from sugar cane or beets and is 50% glucose and 50% fructose. While high-fructose corn syrup often gets blamed for the nation’s obesity epidemic, Hu said, “we should worry about sugar in general”.In 2020, the NBC News affiliate in Seattle spoke to experts who confirmed that Coca-Cola made in Mexico, where it is sweetened with sugar, is not healthier than Coca-Cola produced with corn syrup.In keeping with the frantic pace of posting maintained by their boss, Donald Trump, the White House press office has a hyperactive social media feed on X, @RapidResponse47, that is very frequently updated with clips of the president’s statements, hour after hour.The account has posted 49 times already on Wednesday, and featured seven video clips of Trump’s comments on a range of issues during his meeting with Bahrain’s prime minister Salman bin Hamad Al Khalifa. But the aides who run the account seem to be studiously avoiding one subject: Trump’s claim that the uproar over his administration’s decision not to release files from the federal investigation into Jeffrey Epstein, the late sex offender he knew well, is ‘a hoax’.None of what Trump said about Epstein on Wednesday appeared on this official White House feed. Similarly, when Trump spoke to reporters on Tuesday, the account clipped and boosted his remarks on several other subjects, but ignored his claim that the subject of Epstein’s crimes was “sordid, but boring”.That marks a change from February, when the president’s press team shared a clip of Trump’s attorney general, Pam Bondi, telling Fox host Jesse Watters, that she had the Epstein files on her desk. With a siren emoji, the account showed video of Bondi saying: “I think tomorrow, Jesse, breaking news right now, you’re going to see some Epstein information being released by my office”.“What’s you’re going to see, hopefully tomorrow, is a lot of flight logs, a lot of names, a lot of information”, Bondi added. That information however has still not been released.Donald Trump has said that he thinks China will begin sentencing people to death for fentanyl manufacturing and distribution.Speaking at an event for the signing of the Halt Fentanyl Act, attended by family members of people who had died from overdoes, Trump said he imposed a tariff on China “because of fentanyl”.“I think we’re going to work it out so that China is going to end up going from that to giving the death penalty to the people that create this fentanyl and send it into our country,” Trump said. “I believe that’s going to happen soon.”Columbia University has agreed to adopt a controversial definition of antisemitism as it pursues an agreement with the administration aimed at restoring $400m in federal government grants frozen over its alleged failure to protect Jewish students.In a letter to students and staff, the university’s acting president, Claire Shipman, said it would incorporate the International Holocaust Remembrance Alliance’s definition of antisemitism into its anti-discrimination policies as part of a broad overhaul.It is the latest in a string of concessions Columbia has made following criticisms – mainly from pro-Israel groups and Republican members of Congress – that university authorities had tolerated the expression of antisemitic attitudes in pro-Palestinian campus protests following the start of Israel’s assault on Gaza in 2023.“Columbia is committed to taking all possible steps to combat antisemitism and the University remains dedicated to ensuring that complaints of discrimination and harassment of all types, including complaints based on Jewish and Israeli identity, are treated in the same manner,” wrote Shipman.“Formally adding the consideration of the IHRA definition into our existing anti-discrimination policies strengthens our approach to combating antisemitism.”The definition, which describes antisemitism as “a certain perception of Jews, which may be expressed as hatred toward Jews”, has been adopted by the US state department and several European government and EU groups.However, critics have say it is designed to shield Israel by punishing legitimate criticism of the country. They also complain that it conflates antisemitism with anti-Zionism.Among the examples of criticisms accompanying the definition are “claiming that the existence of a State of Israel is a racist endeavor”, “applying double standards by requiring of [Israel] a behavior not expected or demanded of any other democratic nations” and “accusing Jewish citizens of being more loyal to Israel … than to the interests of their own nations”.Vice-president JD Vance earlier made the administration’s first big pitch to sell the public on Donald Trump’s sweeping budget-and-policy package in the swing political turf of northeastern Pennsylvania.Vance, whose tie-breaking vote got the bill through the Senate, touted the legislation’s tax breaks and cast Democrats as opponents of the cutting taxes because of their unanimous opposition to the legislation.Democrats, who’ve decried the bill’s deep cuts to Medicaid and food stamps, along with other provisions, are expected to try to use it against Republicans in closely contested congressional campaigns next year that will determine control of Congress.The GOP plans to use it to make their case as well, something the vice-president asked the crowd in working-class West Pittston to help with.“Go and talk to your neighbors, go and talk to your friends, about what this bill does for America’s citizens. Because we don’t want to wake up in a year and a half and give the Democrats power back,” he said.Speaking at at an industrial machine shop, the Vance was also quick to highlight the bill’s new tax deductions on overtime.“You earned that money,” Vance said. “You ought to keep it in your pocket.”He also promoted the legislation’s creation of a new children’s savings program, called Trump Accounts, with a potential $1,000 deposit from the treasury department.Recognizing the significance of the coal and gas industry in Pennsylvania, he also talked up the ways the law seeks to promote energy extraction, such as allowing increased leasing for drilling, mining and logging on public lands, speeding up government approvals and cutting royalty rates paid by extraction companies.“We are finally going to drill, baby drill and invest in American energy,” Vance said. “And I know you all love that.”The historic legislation, which Trump signed into law earlier this month with near unanimous Republican support, includes key campaign pledges like no tax on tips but also cuts Medicaid and food stamps by a staggering $1.2tn.Democrats recently held a town hall in House speaker Mike Johnson’s home state of Louisiana to denounce the legislation as a “reverse Robin Hood — stealing from the poor to give to the rich”.Vance’s office declined to elaborate to the Associated Press on plans for other public events around the US to promote the bill. After his remarks, he visited a nearby diner where he picked up food and spoke to some of the patrons.Here’s my colleague Oliver Holmes’s report on Trump lashing out against his own supporters for questioning the transparency of a secretive government inquiry into the late high-profile socialite and sex offender Jeffrey Epstein:

    Donald Trump backed away from suggestions he was moving to fire Federal Reserve chair Jerome Powell, following media reports that he had privately indicated to a meeting of GOP lawmakers last night that he would do so. After the bombshell reports rocked Wall Street this morning, the president pulled back, saying it was “highly unlikely” that he’ll fire Powell. “We’re not planning on doing anything,” Trump told reporters, unless Powell “has to leave” because of “fraud”, referring to the controversy over renovations to the Fed’s historic headquarters in Washington.

    Democratic senator Elizabeth Warren wrote on X: “Nobody is fooled by President Trump and Republicans’ sudden interest in building renovations — it’s clear pretext to fire Fed Chair Powell.” Trump indicated that he’d probably wait to replace Powell until his term ends next year. The president does not have the power to fire the Fed chair without cause.

    It has failed to distract from the growing furore from Trump’s usually ardently loyal Maga base over his administration’s handling of the Jeffrey Epstein case. His base is in uproar over the justice department’s recent decision to halt further disclosures related to Epstein, including the alleged client list, as well as its finding that he died by suicide. That reached new altitudes today when Trump branded the case a hoax and lashed out at his supporters-turned-critics, calling them “weaklings” and “stupid people” for buying into the conspiracy theories, which he blamed on (checks notes) Democrats. He is conveniently forgetting that both he himself and members of his administration have long stoked those same theories. He is also conveniently not acknowledging that prominent allies of his have joined the calls for the files to be released, including House speaker Mike Johnson, and influential Maga figures like far-right activist Laura Loomer.

    Trump also once again back Pam Bondi’s handling of the Epstein case and said: “Whatever’s credible she can release. If a document’s there that is credible, she can release [it], I think it’s good.”

    Secretary of state Marco Rubio, asked about Israeli strikes on Syria on Wednesday, said the United States was “very concerned”, adding that he had just spoken to the relevant parties over the phone. “We’re going to be working on that issue as we speak. I just got off the phone with the relevant parties. We’re very concerned about it, and hopefully we’ll have some updates later today. But we’re very concerned about it,” Rubio said. He added that the US wants fighting to stop as clashes between Syrian government troops and local Druze fighters broke out hours after a ceasefire agreement.

    Zohran Mamdani told New York business leaders yesterday he will not use the phrase “globalize the intifada” and discourage others from doing so. The mayoral frontrunner explained at the meeting that many use “globalize the intifada” as an expression of support for the Palestinian people and, for him, the phrase means protest against the Israeli occupation of Gaza, according to the Wall Street Journal. Mamdani also said he is willing to discourage the specific language, but not the idea behind it.

    A flight carrying immigrants deported from the US landed in Eswatini, the homeland security department announced, in a move that follows the supreme court lifting limits on deporting migrants to third countries.

    A group of 20 mostly Democrat-led US states filed a lawsuit seeking to block the Trump administration from terminating a multibillion-dollar grant program that funds infrastructure upgrades to protect against natural disasters.

    Robert F Kennedy Jr abruptly fired two of his top aides – chief of staff Heather Flick Melanson and deputy chief of staff for policy Hannah Anderson – CNN reported, citing two people familiar with the matter.
    “Many Republicans I’ve been talking to over the past few days have predicted that Trump would do something dramatic to distract from Epstein,” a Puck reporter wrote on X regarding today’s will he, won’t regarding sacking Jerome Powell.And as Politico notes, “though Trump appears to be holding off on Powell, a groundswell of backlash from both base and swing voters – over the Epstein files and the GOP megabill – continues to dominate headlines”.House speaker Mike Johnson has said he believes it would be beneficial to have new leadership at the Federal Reserve, although he added that he’s not sure the president has the authority to fire chair Jerome Powell, according to media reports.“I do I believe new leadership would be helpful at the Fed,” a Wall Street Journal reporter on X has quoted Johnson as saying.Punchbowl News, in a separate X post, reported Johnson said he’s “really not sure” if the president can fire Powell.US senator Elizabeth Warren has said that Donald Trump’s interest in renovations of Federal Reserve’s headquarters is “clear pretext” to fire chairman Jerome Powell.Last week, the White House intensified its criticism of how the Fed is being run when the director of the Office of Management and Budget, Russell Vought, sent Powell a letter saying Trump was “extremely troubled” by cost overruns in the $2.5bn renovation of its historic headquarters in Washington.Earlier today, following bombshell news reports that Trump was planning to fire Powell which rattled financial markets, the president pulled back in the Oval Office. Though he confirmed that the conversation with GOP lawmakers about whether he should fire the central bank leader took place, the president said it’s “highly unlikely” that he’ll fire Powell.“We’re not planning on doing anything,” Trump told reporters, unless Powell “has to leave” because of “fraud”, referring to the controversy over the renovations. The president indicated that he’d probably wait to replace Powell until his term ends next year.“Nobody is fooled by President Trump and Republicans’ sudden interest in building renovations — it’s clear pretext to fire Fed Chair Powell,” Warren, the ranking Democrat on the Senate banking committee, which oversees the Fed, said in a post on X.As we’ve fact-checked, the president doesn’t have the power to fire Powell over a monetary dispute and today he backed away from the idea, saying instead that “we get to make a change in eight months” (when Powell’s tenure expires).US senator Thom Tillis of North Carolina has said that firing the Federal Reserve chair because “political people” don’t agree with his economic decision-making would undermine US credibility, adding that it would be a “huge mistake” to end the Fed’s independence.“You’re going to see a pretty immediate response and we’ve got to avoid that,” Tillis, a Republican member of the Senate banking committee, said on the floor of the chamber earlier.Trump has today backed away from the idea of firing Jerome Powell, saying instead that “we get to make a change in eight months” (when Powell’s tenure expires).The president does not have the power to fire the Federal Reserve chair. But reports today said that Trump had asked Republican lawmakers if he should fire Powell, and several people in the room indicated he will do it.Well, that more or less captures everything Donald Trump said in the oval office just now alongside Bahrain crown prince Salman bin Hamad Al Khalifa.Trump again supported his attorney general, Pam Bondi, who has been under fire for her handling of the Epstein case.“I think she’s doing a great job.”The president was asked whether he would allow US attorney general Pam Bondi to release more information on the Jeffrey Epstein case.“Whatever’s credible she can release,” Trump said. “If a document’s there that is credible, she can release [it], I think it’s good.”But then he goes after Republicans again: “All it is is that certain Republicans got duped by the Democrats and they’re following the Democrat playbook. It’s no different than ‘Russia, Russia, Russia’ and all the other hoaxes.”Trump tries to pivot to the Biden-autopen investigation that Republicans are leading against his predecessor. It has been widely seen as a partisan move to discredit the former Democratic president.“That’s the scandal they should be talking about, not Jeffrey Epstein,” he said. “I think it’s the biggest scandal – one of them – in American history.” More

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    An Iran Cease-Fire, and Why N.Y.C.’s Mayoral Race Matters for Democrats Everywhere

    Listen to and follow ‘The Daily’Apple Podcasts | Spotify | Amazon Music | YouTube | iHeartRadioOvernight, Iran and Israel said they had agreed to a cease-fire — after an Iranian attack on a U.S. air base in Qatar that appeared to be a largely symbolic act of revenge.But the main topic on “The Daily” is the mayor’s race in New York City, where Tuesday is Democratic Primary Day. The race has quickly become an excruciatingly close contest between two candidates who are offering themselves as the solution to what’s wrong with their party in the age of President Trump.Nicholas Fandos, who covers New York politics for The Times, discusses the competing visions competing for the mayoralty and who is most likely to win.Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.On today’s episodeNicholas Fandos, a reporter covering New York politics and government for The New York Times.The primary has taken on national implications, with the top two candidates tapping into Democratic voters’ hunger for a fight.Angelina Katsanis and Anna Watts for The New York TimesBackground readingIn the N.Y.C. mayor’s race, top democrats take on President Trump and their own party.Here’s the latest on Israel and Iran.There are a lot of ways to listen to ‘The Daily.’ Here’s how.We aim to make transcripts available the next workday after an episode’s publication. You can find them at the top of the page.The Daily is made by Rachel Quester, Lynsea Garrison, Clare Toeniskoetter, Paige Cowett, Michael Simon Johnson, Brad Fisher, Chris Wood, Jessica Cheung, Stella Tan, Alexandra Leigh Young, Lisa Chow, Eric Krupke, Marc Georges, M.J. Davis Lin, Dan Powell, Sydney Harper, Michael Benoist, Liz O. Baylen, Asthaa Chaturvedi, Rachelle Bonja, Diana Nguyen, Marion Lozano, Rob Szypko, Elisheba Ittoop, Mooj Zadie, Patricia Willens, Rowan Niemisto, Jody Becker, Rikki Novetsky, Nina Feldman, Carlos Prieto, Ben Calhoun, Susan Lee, Lexie Diao, Mary Wilson, Alex Stern, Sophia Lanman, Shannon M. Lin, Diane Wong, Devon Taylor, Alyssa Moxley, Olivia Natt, Daniel Ramirez, Brendan Klinkenberg, Chris Haxel, Maria Byrne, Anna Foley and Caitlin O’Keefe.Our theme music is by Jim Brunberg and Ben Landsverk of Wonderly. Special thanks to Sam Dolnick, Paula Szuchman, Lisa Tobin, Larissa Anderson, Julia Simon, Mahima Chablani, Elizabeth Davis-Moorer, Jeffrey Miranda, Maddy Masiello, Isabella Anderson, Nina Lassam, Nick Pitman and Kathleen O’Brien. More

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    ‘This is the looting of America’: Trump and Co’s extraordinary conflicts of interest in his second term

    The South Lawn of the White House had never seen anything like it. The president of the United States was posing for the world’s media against a backdrop of five different models of Tesla, peddling the electric vehicles with the alacrity of a salesman on commission.“I love the product, it’s beautiful,” Donald Trump said as he sank into the driver’s seat of a scarlet Model Y. With the Tesla CEO, Elon Musk, beside him, he went on to enlighten the American people that some Tesla models retail for as little as $299 a month, “which is pretty low”.That same day, within hours of the White House’s makeover into a Tesla showroom, the New York Times revealed that Musk had decided to invest $100m in political groups working for Trump. The massive injection of capital would enhance the nearly $300m Musk had already spent getting Trump elected.A week after the commercial on the South Lawn, on 19 March, Trump’s commerce secretary, the billionaire investment banker Howard Lutnick, went on Fox News and exhorted viewers to “buy Tesla”. “Who wouldn’t invest in Elon Musk’s stock?” he gushed. “He is probably the best person to bet on I’ve ever met.”At the time Lutnick made those remarks, he had yet to divest himself from Cantor Fitzgerald, the financial services firm he had led for 35 years. He was talking up stock in which he still had a vested interest – Cantor held $300m in Tesla shares, a stake that has since soared to $555m. And the commerce secretary was also bigging up his friend Musk, whose SpaceX and Starlink businesses are regulated by the commerce department that Lutnick now controlled.Eight days in March, three friendly billionaires, one of them the world’s most powerful person, another the world’s richest person. Doing what friends do: scratching each other’s backs. Even though Musk later fell out with Trump – in a shocking social media spat that roiled US politics – the imagery remains powerful and highly symbolic of Trump’s second term in the White House.View image in fullscreenBetween them they committed in those eight days acts that, had they occurred during any previous presidency – including Trump’s own first administration – would have provoked howls of protest concerning quid pro quo. Yet those eight days represent just a tiny slice of the graft and possible misconduct that is unfolding.The gift by the Qatari government of a $400m luxury jetliner to be repurposed as Air Force One has become the paradigm of the blitz of ethical dilemmas unleashed by Trump. The Pentagon last month accepted possession of the plane, which will be transferred to Trump’s presidential library once he leaves office.That Trump doggedly accepted the Qatari “palace in the sky” despite widespread condemnation speaks volumes about how indomitable he feels at this moment. He has shrugged aside the rebukes even of devoted Trump supporters, including the rightwing commentator Ben Shapiro, who bridled at the transfer’s grubby appearance, calling it “skeezy stuff”.It also shows Trump’s disdain for the US constitution, given the emoluments clause’s clear prohibition. Presidents are not allowed to accept high-value gifts from foreign governments without congressional consent.Yet the luxury jumbo jet is also just the thinnest edge of a very fat wedge. There has been so much more that has flown, if not under the radar, then partially obscured from sight amid the ethical blizzard of corruption and influence.There have been multimillion-dollar TV packages, real estate deals in Arab petrostates, dinners with the president going for $5m a pop, plum job offers for contributors to Trump’s inaugural fund, cryptocurrency ventures attracting lucre from secret foreign investors, “drill, baby, drill” enticements for oil and energy donations – the list goes on, and on … and on.View image in fullscreenTrump and his team of billionaires have led the US on a dizzying journey into the moral twilight that has left public sector watchdogs struggling to keep up. Which is precisely the intention, said Kathleen Clark, a government ethics lawyer and law professor at Washington University in Saint Louis.“They have mastered the technique of flooding the zone – doing so much so fast that they are overwhelming the ability of ethics groups and institutions to respond.”Chris Murphy, the Democratic US senator from Connecticut, has delivered two long speeches on the floor of his chamber in which he has itemised Trump and Co’s most controversial transactions. The record already stretches to scores of entries, chronicling what Murphy calls Trump’s “efforts to steal from the American people to enrich himself and his friends”.In an interview with the Guardian, the senator said that Trump’s was a “pay-for-play administration. That’s the underlying theme. You pay Donald Trump money, he does favors for you. That’s old-fashioned corruption.”Clark’s analysis is even more pointed. “People talk about ‘guardrails’ and ‘norms’ and ‘conflict of interest’, which is all very relevant,” she said. “But this is theft and destruction. This is the looting of America.”Trump signaled that he would be a president like no other at the start of his first term, when he became the only occupant of the Oval Office in modern times to refuse to divest his assets by putting them into a blind trust. Though presidents are not bound by conflict of interest laws applying to other elected officials, the norm has been for incumbents to set themselves high standards, the archetype being Jimmy Carter’s sale of his peanut farm.Trump, by contrast, put his assets in a trust that remained under the control of his family, with him as its sole beneficiary. He incurred numerous accusations of first-term conflicts of interest, as foreign officials from 20 countries descended on his hotels, while Secret Service agents in Trump’s security detail were made to pay premium rates, pouring at least $10m into his bank account.Such unprecedented disregard for time-honored ethical boundaries was shocking at the time. Now it looks merely quaint.“In the first Trump administration there were ethical lapses,” said Danielle Caputo, senior legal counsel for ethics at the Campaign Legal Center watchdog organization. “With this new administration, there’s not just a disregard for ethics rules, there’s contempt.”The conversion of political power into cash began even before Trump re-entered the White House. Weeks before the inauguration, Melania Trump sealed a $40m deal with Jeff Bezos for an Amazon Prime “behind-the-scenes” documentary on her life.Trump banked millions of dollars of his own by leveraging his status as president-elect to browbeat tech companies. He settled disputes over the freezing of his then Twitter and Facebook accounts in the wake of the 6 January 2021 insurrection at the US Capitol, prising $10m out of his friend Musk, and $25m from Meta.View image in fullscreenTrump used the months leading up to November’s election to test-run what, as Murphy noted, has become a theme of his second presidency – pay-to-play. He invited oil executives to Mar-a-Lago and, as the Washington Post revealed, offered them a “deal” in which they would donate $1bn to his campaign and in return he would tear up profit-limiting environmental regulations once he was back in the White House.He kept his promise: on day one of his new administration he discharged a barrage of pro-fossil fuel actions.Donors to his record-breaking $239m inaugural fund have also found Trump to be a grateful benefactor. Warren Stephens, an investment banker who gave $4m, was rewarded with the role of US ambassador to the UK; Jared Issacman, a billionaire pilot and close associate of Musk’s, gave $2m to the fund and was tapped to lead Nasa (he was abruptly yanked from the appointment last month after he was reportedly discovered to have been been donating to Democrats).The pattern has continued into 1600 Pennsylvania Avenue. Three months into the administration, Trump’s eldest son, Don Jr, launched an elite private members’ club named Executive Branch which commands a sign-in fee of a cool $500,000.Its attraction? Access to cabinet members and top Trump advisers.Not to be outdone by his own son, Trump himself has followed the same playbook at his Mar-a-Lago resort. In March, he began inviting business leaders to dine with him in group settings at $1m a seat.Prefer something more intimate? No problem. One-on-one meetings are also available, yours for $5m.For a seasoned observer such as Norman Eisen of the Brookings Institution, the sheer mass of problematic transactions puts the administration beyond the pale. “It’s over the line, unlawful, corrupt and unethical. It is un-American.”Eisen has experience dealing with knotty ethical issues. He was special counsel for ethics during Barack Obama’s first year in the White House.Obama notes in his autobiography, A Promised Land, that Eisen earned himself the title of Dr No, so strict was his approach to conflicts of interest. He would tell White House officials hoping to attend outside events that “if it sounds fun, you can’t go”.View image in fullscreenEisen told the Guardian that he prevented Obama from refinancing his family home in Chicago. “He was regulating the banking industry at the time, in the midst of the Great Recession.”The contrast between such almost pedantic strictures and the free-for-all in today’s White House astonishes and dismays Eisen. “If my somewhat tongue in cheek motto for Obama was ‘If it’s fun, you can’t do it,’ then the motto of the Trump White House seems to be ‘If you can make a buck, grab it.’”Exhibit one of such conduct, Eisen suggests, is the Trump family’s dive into the world of crypto. Shortly before the inauguration, they launched personal lines of meme coins, $Trump and $Melania.Then they issued a new cryptocurrency pegged to the dollar, known as a stablecoin. Taken together, Eisen believes that the two crypto ventures from the family of a sitting president amount to “one of the worst and most shocking conflicts of interest in our nation’s history”.Trump bragged on the campaign trail that he would turn the US into the “crypto capital of the planet”. He was more circumspect in front of his faithful followers about the big plans his sons were simultaneously developing to cash in on the currency.Since his election victory, Trump has used his presidential status and executive power to boost not only the general standing of crypto but also his personal stake within it. One of his early executive orders created a “strategic bitcoin reserve” designed to bolster the industry.At the same time, he eviscerated basic regulatory controls, halted federal crypto-related lawsuits and disbanded a taskforce trained to hunt down crypto criminals. “We have a president whose net worth now includes very substantial investments in cryptocurrency who at the same time is loosening regulations on the crypto industry,” Eisen said.The unrivalled magnetism of the US presidency helped Trump to blast his nascent meme coin, a currency almost entirely reliant on hype, into the stratosphere. It rocketed from $6.50 on inauguration day to a peak of $73.Then, when it predictably plummeted back down to below $10, he used his presidential allure brazenly once again to boost the coin. This time he announced a “private intimate dinner” for the top 220 $Trump investors, followed by an exclusive White House tour for the top 25.The ensuing scramble for a seat at the presidential dining table reportedly earned the Trump family $148m.The $Trump meme coin is an ethics regulator’s waking nightmare. There is little transparency around who is channelling money into it, and even less around the potentially nefarious motives of investors.The same might be said about the Trumps’ other big crypto venture, World Liberty Financial, which was launched last September by Trump’s sons. The president himself is listed by the company as its “chief crypto advocate”.skip past newsletter promotionafter newsletter promotionFederal law sets tight rules against foreign parties donating to presidential campaign or inaugural funds. Yet there is nothing to prevent outside interests with connections to foreign governments engaging with World Liberty and its new product, the USD1 stablecoin.One of its biggest backers is the Chinese-born crypto billionaire Justin Sun (best known for paying $6.2m at a New York art sale for a banana taped to a wall, then eating it). Before the inauguration, Sun pumped $75m into World Liberty. A few weeks later, the Securities and Exchange Commission paused an investigation into him for alleged securities fraud.View image in fullscreenUSD1 is currently valued at $2.3bn, the lion’s share of which comes from a $2bn transaction by MGX, a firm which happens to be chaired by the intelligence chief of the United Arab Emirates. That a company with ties to the government of an Arab petrostate should be able to make such a giant investment in a crypto venture generating profit for the sitting US president and his family goes against the grain of decades of robust accountability work countering conflicts of interest.“We’ve been pretty successful in this country rooting out corruption, or at least pushing it into the shadows,” Murphy, the US senator, told the Guardian. “Now it happens out in the open.”And it doesn’t stop there. Over the past few months Trump’s second son, Eric, has been frenetically traveling the globe in search of real estate deals, throwing to the winds the pledge Trump made in his first administration to eschew any foreign business transactions.In his second administration, Trump has made no such promise. All he has conceded this time, in a document released by his lawyers in January, is that the Trump Organization will avoid cutting business deals with foreign governments.Even that boundary has been pushed close to breaking point. Eric Trump sealed his first deal since Trump re-entered the White House in April.It involves the construction of the Trump International Golf Club & Villas outside the Qatari capital, Doha, as part of a $5bn luxury beachside resort. The company managing the development, Qatari Diar, is owned by the sovereign wealth fund of the Qatari government.Two weeks after the Trump Organization announced the deal, the president himself arrived in Doha as part of his three-country tour of the Middle East. He declared the trip a huge success, having drummed up trillions of dollars of business and investments for the US.The Guardian invited the White House to comment on complaints that the president has blurred his public duties with his family’s personal profit-making activities to a degree never before seen in the US. A White House spokesperson replied with a statement which they asked us to print in its entirety, so here goes:“There are no conflicts of interest. President Trump’s assets are in a trust managed by his children. It is shameful that the Guardian is ignoring the GOOD deals President Trump has secured for the American people, not for himself, to push a false narrative. President Trump only acts in the best interests of the American public – which is why they overwhelmingly re-elected him to this office, despite years of lies and false accusations against him and his businesses from the fake news media.”The argument that there is no conflict of interest because Trump’s business is handled by his children, specifically his sons – Don Jr leading on crypto and his social media empire, Eric on real estate – is an interesting one. Sons seem to be de rigueur, to the extent that members of Trump’s inner circle who lack them might feel the need to borrow one.View image in fullscreenTake other key figures in Trump’s cabinet, which is packed with so many banking and energy billionaires that it ranks as the richest presidential cabinet in modern history. Lutnick, the commerce secretary, who has a personal fortune of about $2.2bn, has been involved in various accusations of conflict of interest since he encouraged Fox News viewers to “buy Tesla”.At the start of this year Cantor Fitzgerald, the Wall Street firm Lutnick led for almost four decades, increased its investment in Strategy, the biggest corporate holder of bitcoin in the world. Cantor’s stake rose by several hundred million dollars to $1.3bn, research by the watchdog Accountable.US has found.At the same time, Lutnick was actively helping Trump create his strategic bitcoin reserve, a move that greatly strengthened the cryptocurrency.Last month, Lutnick divested himself of his Cantor stake, but he did so by transferring his ownership to his two sons. Cantor is now controlled by Brandon Lutnick, 27, and Kyle Lutnick, 28.Or take Robert F Kennedy Jr, the vaccine-skeptic health secretary. Under intense pressure from Democratic senators, he agreed to divest his 10% stake in any payout from an ongoing lawsuit in which he is engaged against Merck over its HPV vaccine, Gardasil.Government officials are not allowed under federal law to participate personally in official matters in which they have a financial interest. So what did Kennedy do? He transferred his stake in the case to one of his adult sons.And then there’s Mehmet Oz, the multimillionaire physician better known by his TV name, Dr Oz, whom Trump put in charge of Medicare and Medicaid. As the Washington Post has reported, Oz co-founded a health benefits company, ZorroRX, that helps hospitals save on prescription drugs.This would have been an indisputable conflict of interest, because in his job as head of the Centers for Medicare and Medicaid Services, Oz wields huge sway over hospital drug policies, and thus ZorroRX profits. Since taking up the position Oz, whose wealth is put at up to $300m, has divested himself of some of his investment portfolio and is no longer mentioned on ZorroRX’s website.View image in fullscreenHis fellow co-founder of ZorroRX, however, is still listed as the firm’s head of medical affairs. That’s his son, Oliver Oz.Under federal conflict of interest law, there is no prohibition on adult children managing the interests of parents who hold public office. Yet the spirit of the law does force us to reflect on why so many Trump administration leaders are so fond of handing sensitive money-making portfolios to their sons.“By giving over to your son, you are immediately raising questions about how separate you are going to be from the success of this business,” said Caputo of the Campaign Legal Center. “Will you be focused on what’s best for the public, or will you be guided in your decision-making by what would most benefit your family?”In the last analysis, what matters most perhaps about the financial dealings of the Trump administration is what impact they are having on the American people. In particular, what is it doing to the 77 million voters who put their trust in Trump and sent him back to the Oval Office?Trump returned to the White House partly on his promise to working-class Americans that he would “drain the swamp”, liberating Washington from the bloodsucking of special interests. Yet a review by the Campaign Legal Center found that Trump nominated at least 21 former lobbyists to top positions in his new administration, many of whom are now regulating the very industries on whose behalf they recently advocated.Eight of them, the Campaign Legal Center concluded, would have been banned or restricted in their roles under all previous modern presidencies, including Trump’s own first administration.They include Pam Bondi, the US attorney general. She approved the gift of the Qatari luxury jetliner as “legally permissible”, having herself worked as a lobbyist for Qatar.Trump’s other great pledge was that he would put the wellbeing of “forgotten” working people before that of the vested elites. His appeal was pitched at the millions of rural and working-class Americans who have languished from mounting income inequality, the decline of manufacturing jobs in the globalised economy, and what he claimed was the negative effects of millions of undocumented immigrants.Evan Feinman has witnessed personally and up close how this promise has fared in Trump 2.0. For the past three years, Feinman was busy leading a $42.5bn program created by Congress to bring affordable high-speed internet to every American home and business that needed it.The project was vast and ambitious, on a par with the rural electrification drive that transformed the heartlands of America in the 1930s. Located within the US commerce department, its success is critical to the future prosperity of millions of Americans, especially those in hard-bitten rural areas of the sort that solidly backed Trump in the last election.Studies have shown that giving families access to the internet improves the grades of school students, increases college enrolment and reduces the likelihood of households falling into debt. It also helps older Americans stay in their own homes and avoid residential care.By the inauguration, the broadband project was well under way, with several states only weeks away from breaking ground and laying the cables. Then Lutnick took over the reins of the commerce department.Within a days of his confirmation, Lutnick met with senior managers and informed them he wanted to scale back on the use of fibre optic and switch to satellite. According to an account of the meeting that was given to Feinman by someone present, Lutnick specifically inquired after his friend Musk, the CEO of Starlink, which provides internet services through low-Earth orbit satellites.View image in fullscreenDays after that, Feinman was told he was being let go. His contract was up for renewal, and it wasn’t being extended.“I was dismayed,” Feinman told the Guardian, insisting that his distress was not so much related to his own dismissal but out of concern for the Americans who would be harmed by the shift. By his reckoning, satellite internet would not only be slower than broadband, it would also be much more expensive – costing users an extra $840 a year in fees.“For Americans in rural locations, that’s going to really hurt. Many of the president’s strongest supporters – up to hundreds of thousands of families who voted for Trump – are going to see slower, more expensive internet services, and all to the benefit of the wealthiest man on earth.”According to some estimates, Musk’s Starlink stands to make $10bn to $20bn should the shift from broadband to satellite internet go ahead.The episode has left Feinman “deeply saddened. I see my nation harming itself in ways that are inexplicable and entirely avoidable.”He fears for rural Americans who will pay the price. “These are communities who put their trust in this administration. They are going to find that their trust has not been honored, and it will be to their significant future detriment.” More

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    U.S. Was Not Involved in Israeli Strikes on Iran, Rubio Says

    President Trump has said he would like to negotiate a deal with Tehran over its nuclear program but had also acknowledged that Israel might attack Iran first.Secretary of State Marco Rubio said Thursday that the United States had no involvement in Israel’s unilateral strikes on Iran but had been told that Israel considered the attack necessary for its self-defense.President Trump, who has been pushing for a deal with Iran on its nuclear program, was hosting the annual White House picnic on Thursday evening when reports of the strikes emerged from Tehran.Despite his expressed hopes for a diplomatic breakthrough, Mr. Trump had also acknowledged on Thursday that Israel might attack first.In a statement, Mr. Rubio said: “We are not involved in strikes against Iran and our top priority is protecting American forces in the region. Israel advised us that they believe this action was necessary for its self-defense.” It was not immediately clear how much detail about the strike Israel had provided the United States, its main ally, and how far in advance.Despite the Trump administration distancing itself from the attacks, its statements and precautionary measures this week have indicated the concern that Iran’s retaliation, which is expected to be swift, could also include American targets in the Middle East.“Let me be clear: Iran should not target U.S. interests or personnel,” Mr Rubio said.On Wednesday, the United States withdrew diplomats from Iraq, Iran’s neighbor to the west, and authorized the voluntary departure of the family members of U.S. military personnel from the Middle East. The U.S. military has a large fleet of warplanes, naval vessels and thousands of troops stationed at its bases in the region, including in Qatar and Bahrain, just around 150 miles across the gulf from Iran.Iran’s defense minister said this week that if nuclear talks failed and a conflict arose with the United States, his country’s military would target all American bases in the region.It was unclear what impact Israel’s strikes would have on the ongoing negotiations between the Trump administration and Iran, or on Mr. Trump’s relationship with Prime Minister Benjamin Netanyahu of Israel. The president had spoken with the Israeli leader on Monday but did not give any details about the conversation.In recent weeks, Mr. Trump has said he has urged Israel to hold off on military strikes while the negotiations were taking place. Steve Witkoff, Mr. Trump’s special envoy to the Middle East, was expected to meet Iran’s foreign minister in Oman on Sunday for the next round of talks.Around the time Israel began to strike Iran, Mr. Trump said he remained committed to a diplomatic resolution.“My entire Administration has been directed to negotiate with Iran,” he posted on social media around 5 p.m. Eastern time. “They could be a Great Country, but they first must completely give up hopes of obtaining a Nuclear Weapon.” More

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    Top Democrat Warns Hegseth He Could Face Fines for Accepting Qatari Plane

    Representative Jamie Raskin of Maryland urged the defense secretary to come to Congress for approval of the jet President Trump wants to use as Air Force One.Representative Jamie Raskin of Maryland, the top Democrat on the Judiciary Committee, informed Defense Secretary Pete Hegseth on Wednesday that he could face steep fines for having accepted a luxury jet from the Qatari government, arguing the gift violated the Constitution and a federal gifts law, and required congressional approval.Mr. Hegseth was the official who formally accepted a Boeing 747 jetliner from Qatar last month, according to a Defense Department spokesman. The Pentagon has directed the Air Force to upgrade its security measures so that President Trump can use the plane as a new Air Force One.The gift has raised a host of concerns among both Republicans and Democrats in Congress. Some have focused on national security risks, saying they worry the plane might have listening devices, or that Mr. Trump’s desire for a new plane before he leaves office might rush any security upgrade and lead corners to be cut on critical protection systems.But many lawmakers, especially Democrats such as Mr. Raskin, have focused on the ethical issues raised by a lavish gift to an American president from a foreign government. They have accused Mr. Trump of corruption and expressed fears that Qatar may be trying to improperly influence the Trump administration.In a letter on Wednesday, Mr. Raskin, a former professor of constitutional law, warned Mr. Hegseth that his acceptance of the plane violated the Constitution’s emoluments clause, which bars federal officials from accepting financial benefits from foreign governments without Congress’s approval.Congress has not yet taken any formal vote to accept the plane as a gift from Qatar. Officials in the Trump administration have said that the gift is to the U.S. government, not to him as president, and therefore that it does not violate the Constitution or ethics laws.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More